Back on June 8th Barack Obama promised to speed up the Stimulus projects over the summer and to “create or save” 600,000 jobs.
The AP reported: President Barack Obama is promising to speed federal money into hundreds of public works projects this summer, vowing that 600,000 jobs will be created or saved. (June 8)
The US lost 443,000 jobs in June.
The US lost 247,000 jobs in July.
The US lost 216,000 jobs in August.
Instead of creating or saving 600,000 jobs this summer the US lost 935,000 instead. The unemployment rate is at 9.7%, the highest rate in 26 years.
Thanks Barack.
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