Recall that in January, the administration argued that without this gigantic redistribution of taxpayer dollars, which have been used to subsidize everything under the sun including fish feed, unemployment in June of 2009 would be 8.7%. Guess what? The May rate was 9.4%. As Gingrich concludes:
If an enterprising White House reporter bothered to do the math, he or she would reach this startling conclusion: Since the passage of the stimulus bill, the U.S. economy has lost one million more jobs than President Obama assured us we would lose if we had done nothing at all.
It's a little depressing to consider just how many other things have probably been made worse by government efforts to "help."
It's a little depressing to consider just how many other things have probably been made worse by government efforts to "help."