Still Not Stimulating

Unemployment rose to 9.8% in September. Innocent Bystanders has been tracking the unemployment rate against the Obama administration’s projections. In order to persuade Congress to pass the “stimulus” bill, the administration predicted what unemployment would be with and without the alleged impact of the stimulus. The reality has turned out to be far worse; I think it is safe to say that the stimulus bill has been a failure:
stimulus-vs-unemployment-september-dots.gif

Notice: All comments are subject to moderation. Our comments are intended to be a forum for civil discourse bearing on the subject under discussion. Commenters who stray beyond the bounds of civility or employ what we deem gratuitous vulgarity in a comment — including, but not limited to, “s***,” “f***,” “a*******,” or one of their many variants — will be banned without further notice in the sole discretion of the site moderator.

Responses