NRSC Launches New Video Highlighting The Failed Promises & Economic Agenda Of Washington Democrats
Three years ago today, despite an already skyrocketing federal debt, President Barack Obama – with the help of liberal U.S. Congressman Joe Donnelly – rammed their $825 billion stimulus spending bill into law promising Americans that it would create millions of news jobs
In fact, Donnelly specifically promised the stimulus would create 75,000 jobs in Indiana but since the legislation was signed into law, Indiana has lost over 31,000 jobs because the Obama Administration was determined to spend their way out of this economic crisis instead of targeting the legislation to assist small business owners who are the true job creators of this country.
Notably, the non-partisan Congressional Budget Office (CBO) released a report just yesterday that found that the rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression. Additionally they project that the unemployment rate will remain above 8 percent until 2014, which is again contrary to the promises of Obama and Donnelly.
“After three years, it’s become abundantly clear that the Obama-Donnelly stimulus, which spent billions of dollars growing the size of government instead of helping small business owners create jobs, was an utter failure, said National Republican Senatorial Committee (NRSC) spokesman Lance Trover. “With 284,795 unemployed individuals in Indiana, the Hoosier State deserves better than the tax-and-spend, big government policies of liberals Barack Obama and Joe Donnelly.”
BACKGROUND …
Exactly Three Years Ago Barack Obama Signed His Failed $825 Billion Stimulus Into Law
WALL STREET JOURNAL: President Barack Obama signed his $787 billion economic stimulus package into law Tuesday, with an upbeat speech emphasizing the road to recovery. (Laura Meckler, Obama Signs Stimulus Into Law, Wall Street Journal, 02/18/09)
Which Donnelly Promised Would Create 75,000 jobs for Indiana
Donnelly Said He Was “Pleased” That The Stimulus Passed And The Bill Will “Create And Save Much-Needed Jobs And Help Get Our Economy Back On Track.” “‘I was pleased that The American Recovery and Reinvestment Act passed in the House of Representatives today,’ Donnelly said. ‘I voted for this legislation because it will create and save much-needed jobs and help get our economy back on track. Our current economic situation is too dire to do nothing, and I believe this stimulus plan is one of the answers to getting our economy back on the path to recovery.’” (Rep. Joe Donnelly Press Release, “Rep. Donnelly Lauds Passage Of Recovery And Reinvestment Plan,” 2/14/09)
- Joe Donnelly: “‘Our Main Goal Is To Create And Save Jobs Here In North Central Indiana,’ Donnelly said. ‘I encourage the Senate to pass this legislation as soon as possible so we can get it on the president’s desk and start seeing its much-needed effects.’” (Rep. Joe Donnelly Press Release, “Rep. Donnelly Lauds Passage Of Recovery And Reinvestment Plan,” 2/14/09)
Donnelly’s Press Release Stated The Stimulus Bill Will “Create Or Save” 3.5 Million Jobs – 75,000 In Indiana. “The compromise package of $789 billion will create or save 3.5 million jobs-75,000 in Indiana and 7,900 in north central Indiana. The jobs will be created in a wide range of industries from clean energy to health care, with over 90 percent in the private sector.” (Rep. Joe Donnelly Press Release, “Rep. Donnelly Lauds Passage Of Recovery And Reinvestment Plan,” 2/14/09)
