Unemployment Is No Laughing Matter

As President Barack Obama swung through North Carolina yesterday, he did all he could to show that he cares about the U.S. economy, its 9.1 percent unemployment rate, and the 13.9 million Americans who remain out of work. Well, that is, until he let a bit of honesty slip off his tongue.

During a meeting with his Jobs and Competitiveness Council—a group of CEOs the President created to give him advice on the economy—conversation turned to Obama’s $787 billion stimulus that promised to “create or save” 3.5 million new jobs by 2011 by pumping money into “shovel ready” jobs. Confronting the reality that his stimulus failed, the President quipped, “Shovel-ready was not as shovel-ready as we expected.” The council, led by GE’s Jeffrey Immelt, burst into laughter.

But for those millions of jobless Americans who have not seen the promise of Obama’s stimulus come to fruition, unemployment is no laughing matter. Still, though, that reality escapes those on the left who continue to cling to the notion that President Obama’s big government, Keynesian policies have succeeded despite all evidence to the contrary.

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.

Uncategorized

Previous post

Obama's Green Policies Will Turn the Lights Out on Job Creation

Next post

Flag Day 2011: It’s A Flag Worth Flying

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.