Updated Employment Predicted vs. Actual

Innocent Bystanders has updated their chart adding actual unemployment numbers to predictions of Obama's team used to sell the stimulus plan to a gullible American public:

Updated Employment Predictions vs. Actuals Chart

The red dots are the official unemployment figures for the past three months. I guess it would have been worse without the stimulus because of the mild increase in government jobs.

It's clear to me that since most of the stimulus doesn't even take effect until 2010 and 2011, it should just be canceled. Poof, I just suggested saving an incredibly much larger amount of money that the Republicans laughable $23B they offered yesterday.

Josh Poulson

Posted Friday, Jun 5 2009 07:39 AM

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« Republicans Offer $23B Spending Cut, Whoop-Dee-Do
Economic Reporting: Then and Now »

 

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