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Wednesday, February 17, 2010

ONE YEAR AFTER STIMULUS APPROVAL.... 17 NUMBERS YOU NEED TO KNOW

TIME FOR THE CHICAGO MACHINE TO GO

One Year After February 17 Signing Of Stimulus, 17 Numbers You Need To Know:

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)

$862 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)

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