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"Shovel-Ready Was Not as Shovel-Ready as We Expected": The Obama Stimulus Record

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Published on Jun 14, 2012

This month marks the second anniversary of the president's so-called Recovery Summer, which his administration touted as the start of an economic recovery brought about by the president's policies. Two years later, however, Americans are still waiting for the promised recovery. Unemployment, which the president's stimulus bill was supposed to prevent from exceeding 8 percent, has not only exceeded 8 percent but has remained above 8 percent for 40 straight months. Finding a job has become so difficult that hundreds of thousands of Americans have dropped out of the labor market altogether. The American people are looking to their leaders to create an environment conducive to private-sector job creation and economic growth. The president's policies have just made things worse.

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