America Now Over 6 Million Jobs Shy of Administration's Projections
Wednesday, October 21, 2009
The table below compares the White House's February 2009 projection of the number of jobs that would be created by the 2009 stimulus law (through the end of 2010) with the actual change in state payroll employment through September 2009 (the latest figures available).
Jobs. Jobs are the key to a recovery but where will the jobs come from? Consumers are tapped out. If consumers aren't buying then businesses aren't hiring. They're firing laying off until consumers start buying again. Unemployed consumers can't start buying without jobs. So what's Obama and company doing to create jobs? Well, nothing. Quite the opposite. They're increasing taxes and regulations and making it more expensive for businesses to operate competitively.
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