Unemployment Worse With ‘Stimulus’
Uh oh. Unemployment numbers are worse than predicted! Our esteemed Pres. Barack Obama is treading dangerous economic waters, as the U.S. unemployment rate keeps rising and the deficit deepens.
Obama bet that spending wads of taxpayer dough would make our economy better. Instead, numbers show that the government spend-a-thon has actually worsened unemployment.
Check out the unemployment graph by Innocent Bystanders, showing the unemployment rate with and without the ‘recovery plan.’ The numbers seem to point to a common sense reality: We would have been better off not spending billions of dollars we don’t have on a recovery plan.
Hmmm. Does that mean that spreading the wealth around (Obama’s favorite thing to do), promoting socialism, and attacking capitalism is bad for America and Americans?
from → Economy