Upload

Loading...

Obama: Shovel-Ready Not as Shovel-Ready as We Expected

19,427

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Uploaded on Jun 13, 2011

In January 2009, President Obama engaged in an all out effort pass the massive boondoggle of a so-called stimulus. The Obama Administration made two promises: 1st - the stimulus would prevent the jobless rate from going over 8%; 2nd -- the stimulus would be used on "shovel-ready projects." So what happened? National unemployment peaked at 10.1% in October 2009 and remained at 10% or more for three months. It now stands at 9.1%. And those "shovel-ready" projects? Obama joked today "shovel-ready was not as shovel-ready as we expected."

Loading...

When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...