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Palazzo – President’s employment forecast yet to come true

By: Magnolia Tribune - June 27, 2011

President’s employment forecast yet to come true

By STEVEN PALAZZO
Special to The Mississippi Press

One year has passed since the Obama administration’s so-called “recovery summer.” Like his failed trillion-dollar stimulus bill, the recovery summer was filled with empty promises of creating American jobs.
In a June 2010 statement, President Obama said the summer of 2010 would be the most active recovery period yet. He told Americans that thousands of shovel-ready projects across the country would create jobs and boost the economy.
A year later, national unemployment remains at 9.1 percent — not the 6.8 percent President Obama predicted.

Gulf Live
6/27/11

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.
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