Yesterday, DNC Chair Debbie Wasserman Schultz denied that President Obama promised his stimulus would keep unemployment below 8%.
Fox News’ Shepard Smith: “He did promise that unemployment would never get to where it is now if we spent all that money and of course here it is.”
DNC Chair Rep. Wasserman Schultz: “Oh come on, promised?”
Smith: “Well no – he did.”
Rep. Wasserman Schultz: “No no no no no.”
Smith: “He did. What would you call it?”
But Obama promised that his $825 billion stimulus would create or save 3.5 million job, even releasing a graphic illustrating how his stimulus would keep unemployment below 8%. However, since the stimulus was passed, unemployment has been above 8% for 35 straight months and the nation has lost over a million jobs.