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Old 12-11-2011, 11:32 AM   #44
spence
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Quote:
Originally Posted by scottw View Post
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."
Blogs - TheHill.com

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%.
If you read your article you'd see that Frank was stating that to discuss the number at all was bad politically, not that he disagreed with the projection.

And he used the word "predict" not "promise".

-spence
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