On this day one year ago we faced 8.1% unemployment. We were spending 3% of the GDP, Bush gave us a 2.5 trillion dollar public debt and a 550 billion dollar deficit.
Then the Stimulus Bill was passed. Today we have 9.7% unemployment. A projected 4 trillion dollar deficit and 6.4 trillion through 2020, we owe 1.6 trillion more, we have 12 trillion dollar debt and spending 23% of the GDP.
Happy anniversary!
While the Whitehouse is claiming this has created (or saved, what ever the hell that means) 2 million jobs, despite the fuzzy math and AP reported errors, it is irrelevant when you factor in the 4 million people who have lost jobs since the stimulus. 8 million jobs have been lost in this recession which began in late 2007, half of which have come since the stimulus.
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About Me
- Max
- Hey, im Max imma a normal kid who lives his life. im short, which is the first thing people will prolly tell ya haha (but i havent hit my growth spirt yet sooo ve shall see) im random, fun and like to meet new people. i like listening to music, watching movies, and arguing with people, eating is one of my favorite things n i like to laugh a lot. Some of my hobbies include; sailing, percussion, omegling, and messing around. thats pretty much all ya need to know i guess...
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