Stimulous Spending: Obama's first failure?

Let’s cut to the chase! The unemployment rate is expected to hit double digits when June’s unemployment figures come out later this month. Didn’t Obama represent to the American people that spending the billions in stimulus money would keep unemployment from exceeding 8% and if we don’t spend it, unemployment will reach 9%? Was double digit unemployment even in the formula? Wasn’t the stimulus money supposed to save or create 2 million jobs? How at this point could Obama prove that actually happened? HE CAN’T, IT HASN’T AND IT WON’T! That’s the bottom line. New unemployment claims still exceed 600,000 every single week. It hasn’t dropped at all since all these billions were injected into the economy so where are all the saved jobs?

I remember the experts saying that Obama has only one chance to get this right and if the stimulus package doesn’t work we have no options for plan B because we simply won’t have the money to try anything else. Obama is spinning every statistic he can right now to make it sound like things are getting better and the stimulus is starting to work. The rhetoric has begun but logically thinking people are starting to see that there are really no signs that any of this is working and that nothing Obama is doing is actually making a significant difference or turning this counties economic wow’s around. Most indications seem to point to a devastating failure on Obama’s part.

Billions spent, billions more on the docket yet be spend and no measurable signs of economic recovery. When is it time for the American people start demanding more fiscal responsibility from Obama and the democratic party before it’s too late and China owns this country lock, stock and barrel?