Mad Scientist
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- Sep 15, 2008
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The following link uses OMB and BLS numbers:
Unemployment Rates: Promised vs. Actual - By Veronique de Rugy - The Corner - National Review Online
Unemployment Rates: Promised vs. Actual - By Veronique de Rugy - The Corner - National Review Online
In 2009, President Obama promised that the American Recovery and Reinvestment Act would create or save 3.5 millionover the next two years and that the unemployment rate would not rise above 8.5 percent. By the end of 2010, he promised, unemployment would have dropped to 7.25 percent. Furthermore, White House Economists forecast that without ARRA spending, the unemployment rate would increase from 7 percent to 8.8 percent.