Michigan would have had a 97% unemployment rate except for the stimulus...
White House: 650,000 jobs saved, created by stimulusWashington Post Staff Writer
FILE - In this Sept. 14, 2009, file photo, road workers begin construction along California interstate 215 north in San Bernadino County. The White House said Friday, Oct. 30, 2009, new job numbers will show the president's economic stimulus plan has directly created or saved about 650,000 jobs.(AP Photo/Nick Ut, file) (Nick Ut - AP)
FILE - In a Wednesday, Aug. 5, 2009 file photo, President Barack Obama announces $2.4 billion in taxpayer grants to create electric cars and tens of thousands of jobs to try to stabilize American confidenceat during a speech on the economy in Wakarusa, Ind. The federal government overstated by thousands the number of jobs it created or saved with contracts awarded to businesses under President Barack Obama's economic recovery program, according to a review by The Associated Press of employment data released in the stimulus program's first progress report. (AP Photo/Michael Conroy, File) (Michael Conroy - AP)
Friday, October 30, 2009; 11:07 AM
Reports to be released Friday on the government Web site Recovery.gov are expected to show that the $150 billion in grants and loans made so far under the economic stimulus package have created or saved about 650,000 jobs, White House officials said Friday morning.
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The real question is "How many jobs were lost or will be lost due to the policies of and legislation to be passed by the Obama administration." The chart below reflects the jobs saved. Oh, really?
Better get ready for those unemployment numbers to stay high while Obama spends trillions on building big government.