You will remember that President Obama’s economic advisors indicated that with the passage of the so-called ‘stimulus package,’ unemployment levels would not exceed 7.8%. Now, as we stare down the face of unemployment levels of 10.2%, it begs the question, Mr. President, where are the jobs?
Where are the Jobs?
As you may have heard, the latest numbers on unemployment were released today and merely provide a metric for what Americans across the country have known for a while now; the economy still has not recovered. These numbers, which have broken the double digit mark for the first time in 26 ? years, clearly indicate that the President’s Stimulus package has done nothing that it was intended to do, which was to make the recession shorter and shallower.