Wisconsin native, conservative critic of everything.
"Once abolish the God, and the government becomes the God." ---G K Chesterton
"The only objective of Liberty is Life" --G K Chesterton
"Fallacies do not cease to be fallacies because they become fashions" --G K Chesterton
"A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
The 8.5 percent unemployment rate announced on Friday is in line with the rate the Obama administration forecast if the $825-billion stimulus package did not pass – it was signed into law in February 2009 and, besides funding myriad government projects and more public employees, was supposed to keep unemployment below 8 percent.
Without the stimulus, unemployment was projected to rise to 8.8 percent by the fourth quarter of 2010, according to a report by Christina Romer, then the chairwoman of the Council of Economic Advisors, and Jared Bernstein, then the chief economist for Vice President Joe Biden.
Too bad about that $825Bn, eh? Hope your kids enjoy paying it back.