The Obama Administration's January Predictions Versus Reality

The graphs above show projections the Obama Administration made in January. The projections took place when it was attempting to scare up votes for the $800 Billion, unfunded stimulus bill, legislation which was later passed by a Democrat Congress and signed into law by President Obama.
The graph, courtesy of The Heritage Foundation's Foundry Blog, Unemployment Spike Defies ‘Stimulus’ Claims (July 2, 2009) article compares the January, pie-in-the-sky predictions to stark reality . . . the actual unemployment rate since January.
Unemployment has risen not only above what the Obama Administration predicted, but surpassed even the estimated unemployment with no action whatsoever.
Still to come, the impact (i.e., huge interest payments) of borrowing $800 Billion from China.
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The graph, courtesy of The Heritage Foundation's Foundry Blog, Unemployment Spike Defies ‘Stimulus’ Claims (July 2, 2009) article compares the January, pie-in-the-sky predictions to stark reality . . . the actual unemployment rate since January.
Unemployment has risen not only above what the Obama Administration predicted, but surpassed even the estimated unemployment with no action whatsoever.
Still to come, the impact (i.e., huge interest payments) of borrowing $800 Billion from China.










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