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Old 12-11-2011, 11:11 AM   #42
scottw
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Quote:
Originally Posted by spence View Post
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
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%.

Last edited by scottw; 12-11-2011 at 02:35 PM..
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