After Stimulus 49 of 50 States Have Lost Jobs

[doobs]

Whether or not the stimulus has been a failure, the CEA chair is saying that it has already had its biggest impact on economic growth.

And then there's this

[SouthernFried]

It was never claimed that the stimulus would create jobs instantly.

First...look at the above chart. Look at 2009. Jobs have to be created for that projection to be accurate. This is 2009, they predicted jobs would be created... those jobs have not been created.

That dumbass projection, was a part of this equally dumbass Obama analysis of how great this stimulus is gonna be if we pass it.

http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf

I think even your pea brain should be able to figure this out...Jobs have to be created for unemployment figures to go down.

Are we having fun yet!!

[Wild Cobra]

It was claimed that it would begin saving jobs instantly, however.

Not only that, but that we had to act immediately.

Damn fools in DC.

They should all be fired that voted YES!

[ChumpDumper]

First...look at the above chart. Look at 2009. Jobs have to be created for that projection to be accurate. This is 2009, they predicted jobs would be created... those jobs have not been created.

That dumbass projection, was a part of this equally dumbass Obama analysis of how great this stimulus is gonna be if we pass it.

http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf

I think even your pea brain should be able to figure this out...Jobs have to be created for unemployment figures to go down.

Are we having fun yet!!

A greater number of jobs have to be created than lost to effect a net increase in jobs.

I don't know why I'm trying to explain this to someone who doesn't know what year this is.

[spursncowboys]

Romer: Impact of stimulus will level off
By JIM KUHNHENN (AP) – 7 hours ago
WASHINGTON — A top White House economist says spending from the $787 billion economic stimulus has already had its biggest impact on economic growth and will likely not contribute to significant expansion next year.
Christina Romer, the chair of President Barack Obama's Council of Economic Advisers, said Thursday that the $194 billion already spent gave a jolt to the economy that contributed to growth in the second and third quarters of the year. She told a congressional panel that by the middle of next year, the impact of the stimulus will level off. Romer said spending so far has saved or created 600,000 to 1.5 million jobs but warned that unemployment will remain high, above 9.5 percent, through the end of 2010.