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The White House Doesn’t Want You To See This
Written by on October 22, 2009, 08:43 PM
California Conservative, 10/22/09 Dave Camp, the GOP Ranking Member on the House Ways and Means Committee, issued this devastating report on job creation attributable to the ARRA legislation. In state after state, the Obama administrations projections werent just off but off by orders of magnitude. Heres a partial list of the worst projections: California projected gain: 396,000, California Actual: LOST 336,400 Arizona projected gain: 70,000, Arizona Actual: LOST 77,300 Colorado projected gain: 59,000, Colorado Actual: LOST 58,900 Georgia projected gain: 106,000, Georgia Actual: LOST 131,000 Illinois projected gain: 148,000, Illinois Actual: LOST 148,000 Florida projected gain: 206,000, Florida Actual: LOST 165,100 Michigan projected gain: 109,000, Michigan Actual: LOST 137,300 Nevada projected gain: 34,000, Nevada Actual: LOST 33,800 Ohio projected gain: 133,000, Ohio Actual: LOST 97,500 Pennsylvania projected gain: 143,000, Pennsylvania Actual: LOST 103,200 These are just some of the worst miscalculations. Read the entire list but only if youve taken your blood pressure medication. One oddity stands out in the report, namely At some point, thoughtful people will reject President Obamas wisecracks about not following the failed policies of the last eight years because theyll judge President Obama on his economic failures. Theyll notice that his economic accomplishments will consist of, in his eyes, the failed stimulus bill. Other than that, what can he point to as an accomplishment? He certainly cant point to his budget. Why would President Obama highlight a budget that includes trillion dollar deficits for as far as the eye can see? If President Obama were to highlight his budget, hed be handing GOP strategists a powerful campaign theme on a silver platter. (Just imagine the TV ads showing President Obama talking about the green shoots hes seeing in the economy, then showing the annual deficits in bold red letters, followed by VP Biden talking about how the stimulus is working better than he could’ve imagined with headlines of monthly unemployment figures scrolling across the screen.) New Comment |
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