Expect to hear this talking point added to “Pass the bill, pass the bill, Polly want a cracker”
President Obama has attached a big number to his jobs bill: 1.9 million.
At a private fundraiser last night, Obama said his proposal would create 1.9 millions jobs, while reducing the 9.1% unemployment rate by a percentage point; he also said it would add two percentage points to the Gross Domestic Product.
That will soon morph to “saved or created” to “saved” to “why are we now at 10% unemployment? Bush’s fault? Yeah, let’s blame Bush.”
But, really, he wants to spend $447 billion to lower the unemployment rate by 1%? He just spend $800 billion to push the unemployment rate above 9%.
