Research

In a 1999 Gallup poll, that’s what 6 percent of Americans believed. And today, that’s the same percentage of Americans that believe that Obama’s $862 billion stimulus created jobs, in a new CBS/New York Times poll. Compare that to the 48 percent of Americans who don’t believe that the stimulus has created, or will create, any jobs.

But Obama’s problem isn’t just the poll numbers.  It’s the reality of his stimulus failure.  And a new report from Obama’s own economists are confirming that his stimulus package is not delivering on his promises. Yesterday, the White House Council of Economic Advisers released a report estimating the U.S. will add 95,000 jobs per month in 2010, well short of their own job standard. Here’s why:

• Obama promised the stimulus package would create 3.5 million jobs by end of 2010.
• Since the stimulus was signed, we have lost 2.8 million jobs.
• In order to meet his own job standard, President Obama needs to create 6.3 million jobs this year, but 95,000 jobs per month would only result in 1.1 million.
• Therefore, at the end 2010, Obama will still have a net job loss of 1.7 million.

Two days ago, Obama still had the gall to say that his policies were “fundamentally business-friendly” and that we “would be hard pressed to identify a piece of legislation that … is not good for business.” But while a majority of Americans (56 percent) say that President Obama does not have a clear plan for creating jobs, it’s actually worse.  Obama’s agenda actually kills jobs, and he is dead set on nominating people like Craig Becker, an SEIU and ACORN lawyer, to implement his job-killing regulations.