WASHINGTON – With just 25 days until Election Day, the non-partisan Bureau of Labor Statistics (BLS) reported today that the American economy lost 95,000 more jobs in September and national unemployment remained at 9.6 percent as liberal Representative Paul Hodes’ (D-NH) $787 billion stimulus continued to fail to create the much-needed jobs he promised.
The Associated Press reports:
A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 jobs.
The unemployment rate held at 9.6 percent last month, the Labor Department said Friday. The jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch since the 1930s.
Upon ramming the bill into law, Hodes promised his costly stimulus would “reduce soaring unemployment.” But since then, the nation’s unemployment rate has skyrocketed from 8.2 percent to 9.6 percent.
Meanwhile, the Wall Street Journal reports that Hodes’ stimulus debacle sent more than 89,000 payments worth millions of dollars to deceased individuals and prisoners, and a recent government report revealed that the bill spent taxpayer money on a number of non-job related projects, including a study to determine how monkeys react to cocaine; $2 million to examine exotic ants; a system to purchase cell phones for smokers trying to quit, and $760,000 for a computerized choreography program, among other wasteful endeavors.
“Today’s report is yet another reminder that Paul Hodes’ reckless spending in Washington has failed to create much-needed jobs for New Hampshire voters, while driving our national debt past $13.6 trillion,” said National Republican Senatorial Committee (NRSC) spokeswoman Amber Marchand. “As the people of New Hampshire struggle with the longest stretch of high unemployment since the Great Depression, there’s no doubt they are ready for a change, which is why they will elect Kelly Ayotte as their next U.S. Senator.”
Today, BLS Announced That The Unemployment Rate Remains Stagnant At 9.6 Percent. (U.S. Bureau Of Labor Statistics, www.bls.gov, Accessed 10/8/10)
- The Obama Administration Projected That Unemployment Would Not Rise Above 8 Percent With Stimulus. (Christina Romer and Jared Bernstein, "The Job Impact Of The American Recovery And Reinvestment Plan," 1/9/09)
Since The Stimulus Was Passed, Over 2.6 Million Jobs Have Been Lost. (U.S. Bureau Of Labor Statistics, www.bls.gov, Accessed 10/8/10)
- Obama Promised That His Stimulus Plan Would Create Or Save 3.5 Million Jobs Over Two Years. Obama: "Now, what makes this recovery plan so important is not just that it will create or save 3.5 million jobs over the next two years ..." (President Barack Obama, Remarks At The Signing Of The American Recovery And Reinvestment Act, Press Release, Denver, CO, 2/17/09)
Hodes Voted For The $787 Billion “Stimulus” Bill. (H.R. 1, CQ Vote # 70: Adopted 246-183: R 0-176; D 246-7, 2/13/09, Hodes Voted Yea)
Hodes Said The “Stimulus” Would “Reduce Soaring Unemployment.” (Travis Andersen, “Hodes Says Stimulus Will Help,”The Nashua [NH] Telegraph, 1/27/09)
In October 2009, Hodes Claimed That Voting For The Stimulus “Was The Right Thing To Do.” “Democratic Rep. Paul Hodes, who backed the $787 billion American Recovery and Reinvestment Act early this year, acknowledged, ‘There is more work to be done.’ But, he said, ‘I thought then it was the right thing to do,’ and he still does.” (John DiStaso, “Stimulus Sentiment Follows Party Lines,” The [Manchester, NH] Union Leader, 10/25/09)
- Hodes Continued To Claim The Stimulus Was Working, Despite A Report Claiming Only 116 New Hampshire Jobs Came From Infrastructure Spending In The Stimulus. “[A]ccording to Fitch’s report, only 116 full-time jobs were created as a result of highway infrastructure investment in New Hampshire as of Sept. 30, compared to 2,041 in education and 745 in government services. Still, Hodes said, the stimulus is working. ‘It delivered the biggest middle-class tax cut in history,’ he said in an interview. ‘It has saved the jobs of teachers and firefighters and cops, and created jobs, and the program isn’t done.’” (John DiStaso, “Stimulus Sentiment Follows Party Lines,” The [Manchester, NH] Union Leader, 10/25/09)
As Late As December 2009, Hodes Claimed He Was “Comfortable” With His Vote On The “Stimulus” Bill. “Hodes said he ‘remains comfortable’ with his vote on the earlier bill. ‘The first American Recovery and Reinvestment Act was obviously a much broader and larger act that gave the middle class the largest tax cuts in history, made sure that firefighters, teachers and cops stayed on beat and had considerable stabilization and recovery provisions for infrastructure,’ Hodes said.” (Shira Schoenberg, “Jobs Bill Splits House Delegation,” The Concord [NH] Monitor, 12/18/09)
# # #