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Reason #16: Democrats’ $1 Trillion Stimulus Didn’t Create Jobs Like They Promised
Why Senate Democrats Should Act on 40 House-Passed Jobs Bills
Democrats’ $1 Trillion Stimulus Didn’t Create Jobs Like They Promised. Democrats fell nearly 7 million jobs short of their stimulus promises for December 2010. It wasn’t until January 2014, an additional three years later, that the U.S. saw the number of jobs Democrats promised for 2010 with their trillion-dollar stimulus.
Source: U.S. Department of Labor, Bureau of Labor Statistics.
As introduced on June 17, 2014, Ways and Means Chairman Camp is listing 40 reasons for the Senate to pass the 40 jobs bills the House has already approved. The reasons define the distress Americans continue to feel in the “new normal” of high unemployment and weak job creation resulting from Obama Administration economic policies.
View the prior reasons here.