3 Million Jobs
Obama said his stimulus plan would make 3 million jobs. Then it was changed to make or save 3 million jobs. The numbers are out and we can do the math. They do still teach math in school right?
Jobs lost:
741,000 in January
681,000 in February
699,000 in March
539,000 in April
total 2,560,000
So far, no matter how you parse his words, he is over 2.5 million in the hole.
I know, I know, your saying “Obama inherited the economy. It’s only been a little over 100 days.” Obama’s plan is to spend our way into prosperity. Well, let’s see, didn’t Bush start that? So Barack has spent 4 times as much. We’re still loosing jobs.
Ok, if we continue to follow his plan, we need to up the ante. Do you really think we should quadruple what debt we have now? Ok, double it? How will we pay for it? China won’t lend to us. We can’t print more money to pay for it (well, if you went to public school, you might believe we can).
It boils down to two scenarios. 1) Obama doesn’t know what the hell he’s doing, or b) he knows what he’s doing and it’s intentional. If it’s intentional, read yesterday’s post.