Economic Fiction

The House Republican Conference recently published a document, including these facts:

Has the President Really “Rescued the Economy?”
The facts paint a different picture.

White House Chief of Staff, Rahm Emanuel:  “Rahm Emanuel, the White House chief of staff, said in an interview that the president intended to use it as a ‘six-month report card,’ to talk about ‘how we rescued the economy from the worst recession’ and the legislative agenda moving forward…” (NY Times, 7/21/2009)

America’s Economic Reality
2.3 Million Job Losses Since Stimulus Signed
14.7 Million Unemployed Americans
9.5% Unemployment Rate - 26 Year High