Economy Alarm: President Announces Next Media Stunt to Divert Attention from Failed Economic Strategy

President Announces Next Media Stunt to Divert Attention from Failed Economic Strategy

‘Forum on Jobs’ More Likely to Be a Forum on More Government

Democrats Claim the Stimulus Has Created or Saved Over a Million Jobs

“Vice President Joe Biden on Friday: The stimulus ‘is responsible for over 1 million jobs so far.’

“White House senior advisor Valerie Jarrett on Oct. 18: The stimulus ‘really staved off a disaster and we saved millions of jobs around the country.’

“White House release June 2: ‘Just over 100 days in, over 150,000 jobs have been created or saved.’

“White House senior advisor David Axelrod on June 7: ‘The stimulus itself has produced hundreds of thousands of jobs.'” (“Inconsistent messages on Obama’s stimulus package,” The Los Angeles Times, 10/31/2009)

Credibility Crash: Administration Plans Its Next Attempt to Save Face after Unemployment Breaks Double Digits

President Barack Obama said on Thursday he would hold a summit in December to look at ways of boosting job growth, acknowledging that high unemployment is one of the “great challenges” facing his administration.

Obama, facing a 10.2 percent U.S. unemployment rate, said that while his administration had taken bold steps to tackle the economic crisis, “economic growth has not led to the job growth we desperately need.”

Speaking at the White House before departing on a weeklong Asia trip, Obama said chief executives, trade union leaders, small business owners and economic experts would be invited to the summit. (“Obama Says to Hold Jobs Summit in December,” Reuters, 11/12/09)

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