Monthly Archives: July, 2011

High unemployment– and it stays there

Unemployment hits 9.5% after Obama promised that it wouldn’t rise above 8% if Congress passed his stimulus bill.

… According to Obama’s own economists, Obama’s stimulus bill– which was a dismal failure– cost American taxpayers $278,000 per job.

Update: Among numerous other failures, it’s been revealed that a $249 million grant to A123 Systems only created 400 jobs.

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