Go Back   SZONE.US Forums > Current Events > News > The Heritage Foundation

The Heritage Foundation Since its founding in 1973, The Heritage Foundation has served as a research and educational institute -- a think tank -- whose mission is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense

The Heritage Foundation

Infographic: Obama's Promise vs. Reality in the October Jobs Report

Views:188
Reply
Thread Tools Search this Thread Rate Thread
  #1  
Unread 11.07.11, 12:19 PM
@Heritage @Heritage is offline
RSS Bot
 
Join Date: 06.09
Posts: 37,455
Infographic: Obama's Promise vs. Reality in the October Jobs Report

On 11.07.11 12:15 PM posted by Mike Brownfield


Travel in time back to January 2009 when President Barack Obama’s advisers painted a portrait of the future under the President’s recovery plan. It turns out that their prediction was much rosier than reality.

With the plan, they predicted in their chart, unemployment today would be somewhere in the neighborhood of 6.5 percent. Today, after the President’s $787 billion stimulus, unemployment still stands at 9 percent. In a new paper, Heritage’s Rea Hederman, Jr. and James Sherk write, “The labor market is adding jobs and holding steady but not improving fast enough to make up for the depths of the great recession.”

In the chart below, see the difference between the Obama’s advisers’ predictions (in blue) and where we are today (in red).





http://blog.heritage.org/2011/11/07/...r-jobs-report/
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Rate This Thread
Rate This Thread:



All times are GMT -8. The time now is 03:39 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright 2007 - 20017 SZONE.US All rights reserved