Stimulus failed to keep unemployment low


by The Heritage Foundation on Sep 12, 2014 | Views: 48 | Score: 0
Sources: heritage.org
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The Heritage Foundation
The Heritage Foundation on Sep 12, 2014 7:15 AM said:

President Obama promised that government spending would “stimulate” the economy and quell rising unemployment by “creating or saving” millions of jobs. In January 2009, Obama’s advisers produced a chart visualizing the positive results of his recovery plan, but actual unemployment (in red) far exceeded the White House estimates.