Stimulus Three Years Later: Obamanomics Has Failed

GOT'CHA AMERICA .....I AIN'T DRILLING ......OB...
GOT’CHA AMERICA …..I AIN’T DRILLING ……OBAMAS WAY OF TELLING YOU YOUR GONNA BUY THOSE HYBRIDS AND ELECTRIC CARS ONE WAY OR ANOTHER DAMNIT……………. YOU KNUCKLE DRAGGERS (Photo credit: SS&SS)

Three years ago today, President Barack Obama signed into law his trillion-dollar stimulus plan, a measure that he promised would save or create 3 million jobs by the end of 2010 and would prevent unemployment from ever going above 8 percent. And though the President today will likely claim that thanks to his efforts, the U.S. economy is surging, don’t believe him. The verdict is in: Obamanomics has failed.

But you don’t have to take our word for it. Yesterday, the Congressional Budget Office (CBO) released a reportoffering an analysis of the last three years of the Obama economy. In short, the stimulus did not live up to the President’s promises.

 

via Stimulus Three Years Later: Obamanomics Has Failed.

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