Obama On Unemployment At 9.6%: At Least It's Not "12 or 13 or 15" Percent
(Real Clear Politics) - President Obama told a Wisconsin town hall [yesterday] that the unemployment rate is lower than it would be if the Recovery Act (the stimulus) had not passed.
Obama told the audience “unemployment's at 9.6%." That is above the 8% the administration predicted with the stimulus implemented.
“Yes, but it's not 12 or 13 or 15," Obama said defending his policy.
The economy "recovered more than people expected last year," he added.
"Things aren't as bad as they could have been, this could have been a catastrophe, in that sense it [the stimulus] worked," Obama claimed.
Obama told the audience “unemployment's at 9.6%." That is above the 8% the administration predicted with the stimulus implemented.
“Yes, but it's not 12 or 13 or 15," Obama said defending his policy.
The economy "recovered more than people expected last year," he added.
"Things aren't as bad as they could have been, this could have been a catastrophe, in that sense it [the stimulus] worked," Obama claimed.
posted by BP News Bureau | 9:54 AM
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