Happy Birthday, Obama Stimulus!

 

“If I don’t get it done in three years, this [my administration] is going to be a one-term proposition.” – President Barack Obama, February 2009.

Lessee…checkin’ the ol’ calender here…

Three years later, how are we doing?

This is the projection of national debt FROM THE OBAMA ADMINISTRATION:

And using numbers from the Obama administration, this is the cost per job “saved or created” by the “stimulus:”

‘Stimulus’ Has Cost $278,000 per Job

From the NON-PARTISAN Congressional Budget Office: “It’s the longest stretch of high unemployment since the Great Depression:”

And it’s the lowest percentage of the work force actually working since then, too:

President Obama said that if he didn’t turn the economy around in three years, he wouldn’t deserve another term. He said he should be judged by his results.

I know President Obama doesn’t usually keep his word (Gitmo, public financing, no superpacs, no tax hikes, etc) but this time—shouldn’t we keep it for him?

Michael Graham
Radio talk show host, columnist for the Boston Herald, stand-up comic and former GOP political consultant. Learn more about Michael here.

Natural Truth of the Day

For several months now, whenever the topic of enrollment in the Affordable Care Act came up, I've been saying that it was too soon to tell its ultimate effects. We don't know how many people have paid for their new insurance policies, or how many of those who bought policies were previously uninsured. For that, I said, we will have to wait for Census Bureau data, which offer the best assessment of the insurance status of the whole population... I stand corrected: These data won't be available at all. Ever.-- Megan McArdle, Bloomberg View.