The federal stimulus act has performed "exactly" as the Obama administration expected it to, Council of Economic Advisers Chairwoman Christina Romer said Sunday.Except the primary graph the Obama Administration used to sell the stimulus was the one seen below. Fortunately, Innocent Bystanders has done a good job keeping them to task on what the reality really is:
Republicans renewed their criticism of the stimulus in the aftermath of the March jobs report that showed the unemployment rate stuck at 9.7 percent. But the White House and Democrats and Congress have touted the 162,000 jobs created last month as a sign that their policies are working to spark a recovery.
"I think it has done exactly what we would say it would do," she said on NBC's "Meet the Press."
Monday, April 5, 2010
Christina Romer is a liar.
President Obama's Chairwoman of his Council of Economic Advisers stood in front of the nation on Sunday and straight up lied.