This morning the jobless report came out - another
500,000 first time claims were filed last week. I thought the Stimulus Bill was supposed to solve the jobless issue? But let's look at the stats. 18 months ago the Stimulus Bill passed at a cool
$787 billion, but including interest on that debt the total comes to over one trillion dollars. 18 months later this is what we have: Unemployment hovering at
9.6%; around 7 million unemployed for 6 months of longer; 17 states have
unemployment over
10%; around
4 million jobs lost since the Stimulus Bill was signed;
21% of homes in America are underwater with more owed than they are worth;
27 million are underemployed; home prices are down anywhere from
30-50% depending on where they are located; and Obama has spent even more -
34 billion on extending unemployment;
26 billion bailing out teachers and unions;
3 billion for home mortgage help and a myriad of other spending bills that have driven our debt over
10 trillion. And unemployment is still at 9.6%.
I would like to tell Obama and crew,
IT'S NOT WORKING! STOP SPENDING!!But then, I'm just an American citizen. Why would they listen to anything I have to say?