NRSC Launches New Video Highlighting The Failed Promises & Economic Agenda Of Washington Democrats
Three years ago today and despite an already skyrocketing federal debt, President Barack Obama, with the help of liberal U.S. Senator Bill Nelson rammed their $825 billion stimulus spending bill into law promising Americans that it would create millions of news jobs
In fact, Nelson specifically promised that the stimulus would ‘create or save’ 206,000 Florida jobs, but since the legislation was signed into law, Florida has lost over 27,000 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 Nelson.
“After three years, it’s become abundantly clear that the Obama-Nelson 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 Jahan Wilcox. “With 912,000 unemployed Floridians, the Sunshine State deserves better than the tax-and-spend, big government policies of liberal Bill Nelson.”
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 Nelson Promised Would ‘Create Or Save’ 206,000 Jobs
Bill Nelson Predicted The Stimulus Would ‘Create Or Save’ 206,000 Jobs. “He said the package is expected to restore 206,000 of the 255,000 jobs lost in Florida so far in the economic crisis, within one-and-a-half years.” (Deborah Buckhalter, “Sen. Nelson Speaks To Stimulus,” Jackson County Floridan, 2/19/09)
