Has the President Really 'Rescued the Economy?'

Has the President Really "Rescued the Economy?"

The facts paint a different picture.

JULY 22, 2009

President's Economic Fiction

White House Chief of Staff, Rahm Emanuel:  "Rahm Emanuel, the White House chief of staff, said in an interview that the president intended to use it as a ‘six-month report card,' to talk about ‘how we rescued the economy from the worst recession' and the legislative agenda moving forward..." (NY Times, 7/21/2009)

America's Economic Reality

2.3 Million Job Losses Since Stimulus Signed
14.7 Million Unemployed Americans
9.5% Unemployment Rate - 26 Year High