Quote:
Originally Posted by spence
Well, we should probably fact check your assertion.
First off, Obama never even said it.
The number is actually a "projection" from report by Whitehouse economic advisors in early 2009. It was based on current (at the time) CBO economic data and carried a large margin of error.
So your accusation that Obama promised the Stimulus would keep unemployment at 8% is factually not correct. The Republicans who have been barking this claim are either misinformed or lying.
Are you just misinformed or lying?
Again, you don't have your facts in order.
-spence
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The well known "conservative" Barney Frank says it too:
"Frank: Obama admin 'dumb' to predict no higher than 8% unemployment
By Michael O'Brien - 08/18/10 06:45 AM ET
It was "dumb" for President Obama and his aides to promise that unemployment would not surpass 8 percent if the stimulus act passed, a top House Democrat said Tuesday."
http://thehill.com/blogs/blog-briefi...8-unemployment
http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf
if you look at the dems report, at pag.5 you'll see the chart of unemployment with and without the "stimulus".
With the stimulus it STAYS right UNDER 8%.