On February 17, 2009 President Obama signed the stimulus bill.
Here are 17 Numbers we think Montanans need to know about the Stimulus….
3.5 MILLION: Jobs Obama Promised Stimulus Would Create By End Of 2010. (President Barack Obama, Remarks At The Signing Of The American Recovery And Reinvestment Act, Press Release, Denver, CO, 2/17/09)
2.8 MILLION: Jobs Lost Since Obama Made That Promise. (U.S. Bureau Of Labor Statistics, www.bls.gov, Accessed 2/16/10)
6.3 MILLION: Jobs Obama Must Now Create To Keep Promise By End Of 2010. (President Barack Obama, Remarks At The Signing Of The American Recovery And Reinvestment Act, Press Release, Denver, CO, 2/17/09; U.S. Bureau Of Labor Statistics, www.bls.gov, Accessed 2/16/10)
1.1 MILLION: Jobs Obama’s Economists Project Will Be Created By End Of 2010. (David Jackson, “Obama Economic Report: Stagnant Job Growth This Year,” USA Today, 2/11/10)
5.2 MILLION: Jobs By Which Obama’s Economists’ Projection Leaves Him Short In Keeping Promise. (U.S. Bureau Of Labor Statistics, www.bls.gov, Accessed 2/16/10; David Jackson, “Obama Economic Report: Stagnant Job Growth This Year,” USA Today, 2/11/10)
6 PERCENT: Not Surprisingly, Number Of Americans That Say Obama’s Stimulus Created Jobs. (Stephanie Condon, “Poll: Economy Brings Down Obama’s Job Approval Rating,”CBS News’ “Political Hotsheet” Blog, 2/11/10)
7.7 PERCENT: Unemployment Rate When Obama Was Selling Stimulus In January 2009. (U.S. Bureau Of Labor Statistics, www.bls.gov, Accessed 2/16/10)
8 PERCENT: Unemployment Rate Obama Pledged Stimulus Would Prevent Us From Reaching. (Christina Romer and Jared Bernstein, “The Job Impact Of The American Recovery And Reinvestment Plan,” 1/9/09)
9.7 PERCENT: Current Unemployment Rate. (U.S. Bureau Of Labor Statistics, www.bls.gov, Accessed 2/16/10)
16.5 PERCENT: Current Unemployment Rate When Underemployed And Discouraged Workers Are Included. (Sara Murray, “Signs Of Hope As Jobless Rate Dips,” The Wall Street Journal, 2/6/10)
334,000: Americans That Have Given Up Looking For A Job Since Stimulus Was Signed. (U.S. Bureau Of Labor Statistics, www.bls.gov, Accessed 2/16/10)
47: States That Have Lost Jobs Since Stimulus Was Signed. (U.S. Bureau of Labor Statistics, www.bls.gov, Accessed 2/16/10)
10: States That Moved From Single-Digit To Double-Digit Unemployment Rate Since Stimulus Was Signed. (U.S. Bureau Of Labor Statistics, www.bls.gov, Accessed 2/16/10)
$82 BILLION: Updated Cost Of Stimulus, $75 Billion Increase From Last Year’s Cost Estimate. (“The Budget And Economic Outlook: Fiscal Years 2010 To 2010,” Congressional Budget Office, 1/26/10; Douglas Elmendor, Director, Congressional Budget Office, Letter To Speaker Nancy Pelosi, 2/13/09)
440: Number Of Nonexistent Congressional Districts That Received Stimulus Funds. (Richard S. Dunham, “Site Lists Jobs In Imaginary Texas Districts,” Houston Chronicle, 11/18/09)
$6.4 BILLION: Amount Of Stimulus Funds That Went To Nonexistent Congressional Districts. (Richard S. Dunham, “Site Lists Jobs In Imaginary Texas Districts,” Houston Chronicle, 11/18/09)
$18 MILLION: Cost Of Stimulus Website, Recovery.gov. (Rick Klein, ”$18M Being Spent To Redesign Recovery.gov Web Site,” ABC News’ “The Note” Blog, 7/8/09)
View This Research Briefing At www.GOP.com
