Three Years Ago Today The Obama-Stabenow $825 Billion Stimulus Became Law

NRSC Launches New Video Highlighting The Failed Promises & Economic Agenda Of Washington Democrats

Three years ago today, despite an already skyrocketing federal debt, President Barack Obama – with the help of liberal U.S. Senator Debbie Stabenow – rammed their $825 billion stimulus spending bill into law promising Americans that it would create millions of news jobs

In fact, Stabenow specifically promised the stimulus would create jobs, but since the legislation was signed into law Michigan has lost over 100,000 jobs because the Obama Administration was determined to spend their way out of this economic crisis instead of targeting the legislation to assist small business owners who are the true job creators of this country.

CLICK HERE TO WATCH THE VIDEO

Notably, the non-partisan Congressional Budget Office (CBO) released a report just yesterday that found that the rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression.  Additionally they project that the unemployment rate will remain above 8 percent until 2014, which is again contrary to the promises of Obama and Stabenow.

“After three years, it’s become abundantly clear that the Obama-Stabenow stimulus which spent billions of dollars growing the size of government instead of helping small business owners create jobs was an utter failure, said National Republican Senatorial Committee (NRSC) spokesman Lance Trover.  “With 431,000 unemployed Michiganders, the Wolverine State deserves better than the tax-and-spend, big government policies of liberals Barack Obama and Debbie Stabenow.”      

BACKGROUND … 

Exactly Three Years Ago Barack Obama Signed His Failed $825 Billion Stimulus Into Law

CLICK HERE TO WATCH THE VIDEO

WALL STREET JOURNAL:  President Barack Obama signed his $787 billion economic stimulus package into law Tuesday, with an upbeat speech emphasizing the road to recovery. (Laura Meckler, Obama Signs Stimulus Into Law, Wall Street Journal, 02/18/09) 

Which Stabenow Promised Would Create Jobs

Stabenow: “So This Is — This Is A Jobs Bill, Number One, Jobs Rebuilding America, Jobs In The Green Economy. It’s Also About Making Sure We Keep People Working, Keep Our Police Officers On The Streets, And Focus On

Quality Schools.” (Fox News Channel, 1/28/09)

“‘We Are Now Gaining Jobs Every Month Rather Than Losing Jobs,’ Sen. Debbie Stabenow, D-Mich., Said In A Tuesday Floor Speech.” (Dan Friedman, “Democrats To Focus On Jobs, Economic Agenda, Again,” Congress Daily, 7/14/10)

Read more at NRSC