Wednesday, January 13, 2010

Christina Romer and the White House enter the TWILIGHT ZONE ! ! !


HOW OUT OF TOUCH
WITH REALITY ARE THEY?????


The $787 billion economic stimulus package has created or saved between 1.7 million and 2 million jobs, but its impact on the economy ebbed slightly in the final quarter of 2009 compared with prior months, the White House said Tuesday night.

Christina Romer, chairman of the Council of Economic Advisers, said a third of the tax cuts and spending in the package is out the door. Her office estimates that the stimulus added between 1.5 and 3 percentage points to the growth in gross domestic product in the final quarter of 2009.
It was reported in the Washington Post

Ms. Romer should read 10% unemployment # is BULLS***
There are 18.5 MILLION UNEMPLOYED PEOPLE IN THE US.
That is 7 Million More people than the last day of George Bush. Check the numbers yourself here
Unemployment officially went from 11.40 Million to 15.27 Million. The people "No Longer Looking" increased by 3.26 Million. That is 7 Million people more people who are no longer working.