After an $825 billion stimulus, trillions in new debt and a slew of housing programs, the White House says “we’re not in any danger of reaching a point where the unemployment rate is satisfactorily low.” That would be an acknowledgment that the promises of 2008 and the last three years haven’t met expectations. If all of Obama’s massive stimulus spending had worked as promised, the administration said we wouldn’t be out of reach of a good unemployment rate. #FailedPromises #FailedRecord
Question: "But the reason why I say that -- because you said 'way too high.' So that’s why I’m trying to quantify what would be --"
White House Press SecretaryJay Carney: "Again, I don’t have a -- I think that we’re not in any danger of reaching a point where the unemployment rate is satisfactorily low, which is why we need to do everything we can through Congress, through the use of the President’s executive authority, and working with our partners in the private sector, as the President highlighted today with former President Clinton, to put people back to work and to build the foundation of an economy that can grow into the future, which is what the Better Buildings Initiative does." (Jay Carney, Press Briefing, 12/2/11)