Communications

According to AP, Christina Romer, the chair of President Barack Obama's Council of Economic Advisers, has said that economic stimulus has already had its biggest impact on economic growth.

The Obama administration claims the stimulus has created or saved 1 million jobs so far and is on track for saving or creating 3.5 million jobs by later next year.

But a look at government data tells a different story.

Since the $787 billion stimulus passed in February:

 Over 2.6 million Americans have lost their jobs,

49 States and the District of Columbia have lost jobs,

And the national unemployment rate has risen to 9.8% (with an admission from the White House that it will likely rise higher still).

No wonder the Democrats are talking about passing more stimulus.