Thursday, September 1, 2011

Where are the 2.5 Million Jobs, Mr. President?

Karin McQuillan  "We sat down together at the internet and did a Google search, 'stimulus job creation.'
"We found out where the number 2.5 million jobs' created or saved' comes from. It comes from a formula. The formula comes from a theory. The formula says that for every dollar the government spends, 1.5 dollars' worth of economic activity is generated, and presto, jobs come out. The economic geniuses working for Obama want us to believe that by definition, since they spent almost a trillion dollars in 'stimulus', they automatically created 2.4 million jobs. This is called the multiplier effect. "
....
"The 2.5 million jobs are invisible because they don't exist. The suffering of my relatives and friends and that of 25 million unemployed Americans is real, and increasingly desperate. It's time to follow the success in job creation of Republican states such as Wisconsin and Texas, and drop the unsuccessful ideas of this wastrel White House. Please, Mr. President, we can't afford another 2.5 million of your phoney jobs."
Political Cartoons by Glenn McCoy
http://townhall.com/political-cartoons/

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