Failed President Barack Obama’s $787 billion stimulus boondoggle has cost the United States economy nearly 1.6 million jobs in its first one hundred days. Yet Obama, fiddling like Nero as the embers fall down around him, brags that the disasterous spending plan has “saved or created almost 100 – 150,000 jobs” without detail or evidence.
As noted in the graphic below, Barack Obama said today that his stimulus created or saved “nearly 100 – 150,000” jobs. About a month ago, he claimed that it created or saved “over 150,000 jobs.” So in a month, the number of jobs “saved or created” has gone DOWN from “over 150,000″ to “nearly 150,000.”
Later, at a tony California fundraiser held in the midst of the worst economic crisis in decades, Obama falsely claimed, “It’s safe to say we have stepped back from the brink.”
If the quickening pace of unemployment, home value devastation, interest rate spikes, government control of private industry, debt and misery signifies stepping “back from the brink,” it makes one wonder what this tool’s definition of “back” is.
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