Tuesday, August 18, 2009

CBS: up to 60,000 people have cancelled their AARP memberships since July 1

A Clunker of a Stimulus from The Foundry by   Yesterday was the six month anniversary of President Barack Obama's $787 billion stimulus package. Since the "American Recovery and Reinvestment Act" became law, the United States economy has shed nearly 2.8 million net jobs. When Obama signed the stimulus the nation's unemployment rate stood at 7.6%. Today it is 9.4%. Nationwide, a total of fifteen states are now suffering from 10% unemployment. No wonder 57% of Americans recently told Gallup that the stimulus package is either having no impact on the economy or making it worse.


Post a Comment

<< Home