Cristina Romer, the Obama Administration Chair of Council on Economic Advisers told a Congressional Panal that the nearly $1 Trillion Dollar Economic Stimulus, has already had its biggest jolt to the economy and will not contribute to any significant economic expansion next year.
With the nations unemployment rate at nearly 10% and 49 of 50 States Losing Jobs 7 months after Obama’s economic stimulus which was to have shaken the country out of its Recession creating 4 Million new jobs mostly in the private sector but has instead only created 30,383 jobs at a cost to the American taxpayer $71,500 per job isn’t it about time to stop the Democrat-Socialist runaway train?
More here from the Associated Press
Related Posts: Barack Obama sees worst poll rating drop in 50 years Via Telegraph UK
Fierce Urgency for Jobs Not Health Care Via Washington Examiner
House Speaker Nancy Pelosi D-CA Calls Emergency Meeting to Push for “Robust” Public Option Via The Hill