The Obamanation

[TheMercenary]

I am no Dumb ass. Where are the job he and the Demoncrats promised with the spending bills that are nearly bankrupting this nation?

[Happy Monkey]

Originally Posted by TheMercenary

I am no Dumb ass. Where are the job he and the Demoncrats promised with the spending bills that are nearly bankrupting this nation?

Here.

[TheMercenary]

Originally Posted by Happy Monkey

Here.

Nope, not 3.5 million jobs...

THE EMPLOYMENT SITUATION: JUNE 2009

Nonfarm payroll employment continued to decline in June (-467,000),
and the unemployment rate was little changed at 9.5 percent, the Bureau
of Labor Statistics of the U.S. Department of Labor reported today.
Job losses were widespread across the major industry sectors, with
large declines occurring in manufacturing, professional and business
services, and construction.

Unemployment (Household Survey Data)

The number of unemployed persons (14.7 million) and the unemployment
rate (9.5 percent) were little changed in June. Since the start of the
recession in December 2007, the number of unemployed persons has increas-
ed by 7.2 million, and the unemployment rate has risen by 4.6 percentage
points. (See table A-1.)

In June, unemployment rates for the major worker groups--adult men
(10.0 percent), adult women (7.6 percent), teenagers (24.0 percent),
whites (8.7 percent), blacks (14.7 percent), and Hispanics (12.2 per-
cent)--showed little change. The unemployment rate for Asians was
8.2 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.)

Among the unemployed, the number of job losers and persons who com-
pleted temporary jobs (9.6 million) was little changed in June after
increasing by an average of 615,000 per month during the first 5 months
of this year. (See table A-8.)

The number of long-term unemployed (those jobless for 27 weeks or
more) increased by 433,000 over the month to 4.4 million. In June, 3
in 10 unemployed persons were jobless for 27 weeks or more. (See
table A-9.)

http://www.bls.gov/news.release/empsit.nr0.htm

[glatt]

I hear ya bitchin' Merc, but without a time travel machine, there's no way to go back in time and not spend the stimulus money to see how bad things would have gotten if we hadn't spent the money.

Maybe Obama's right and 3.5 million jobs have been saved. Maybe unemployment would be at 50% if the spending hadn't been done. No way to know for sure.

I went to the mall yesterday with my wife because we were near there and had to kill some time. The place was packed with people, and most of them were carrying shopping bags. From what I could see, there was no recession. My wife even bought a pair of pants.