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7 Months After Stimulus 49 of 50 States Have Lost Jobs

Posted By admin On October 22, 2009 @ 3:34 am In Money Watch | Comments Disabled

House Committe on Ways And Means [1]
Thursday, Oct 22nd, 2009

The table below compares the White House’s February 2009 projection [2] of the number of jobs that would be created by the 2009 stimulus law (through the end of 2010) with the actual change in state payroll employment [3] through September 2009 (the latest figures available).  According to the data, 49 States and the District of Columbia have lost jobs since stimulus was enacted.  Only North Dakota has seen net job creation following the February 2009 stimulus.  While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the Nation has already lost a total of 2.7 million – a difference of 6.2 million jobs.  To see how stimulus has failed your state, see the table below.

7 Months After Stimulus 49 of 50 States Have Lost Jobs  36219ded c1a4 4ad4 9294 79c4236d5f57

7 Months After Stimulus 49 of 50 States Have Lost Jobs  071009banner3 [4]

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URLs in this post:

[1] House Committe on Ways And Means: http://www.republicans.waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=150826

[2] projection: http://republicans.waysandmeans.house.gov/Components/Redirect/r.aspx?ID=30941-3046939

[3] state payroll employment: http://republicans.waysandmeans.house.gov/Components/Redirect/r.aspx?ID=30942-3046939

[4] Image: http://www.efoodsdirect.com/gmoPeople.html?aid=14&adid=12

[5] Stimulus Swindle: Los Angeles Spent $70 Million in Stimulus Funds to Create 7.76 Jobs: http://www.prisonplanet.com/stimulus-swindle-los-angeles-spent-70-million-in-stimulus-funds-to-create-7-76-jobs.html

[6] 1.9 Million Fewer Americans Have Jobs Today Than When Obama Signed Stimulus: http://www.prisonplanet.com/1-9-million-fewer-americans-have-jobs-today-than-when-obama-signed-stimulus.html

[7] Biden: ‘Nobody Can Look You in the Eye and Tell You … Stimulus Did Not Create Jobs;’ Yes, at $412,500 Per Job: http://www.prisonplanet.com/biden-%e2%80%98nobody-can-look-you-in-the-eye-and-tell-you-stimulus-did-not-create-jobs%e2%80%99-yes-at-412500-per-job.html

[8] Goldman On Why A Second Stimulus Is Merely Months Away: http://www.prisonplanet.com/goldman-on-why-a-second-stimulus-is-merely-months-away.html

[9] U.S. Won’t Recover Lost Jobs Until March 2020 At Current Pace: http://www.prisonplanet.com/u-s-won%e2%80%99t-recover-lost-jobs-until-march-2020-at-current-pace.html

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