Just two short years ago, seems longer to me, the Obama administration hailed
that it was to be “The Summer of Recovery”. The stimulus bill was passed by congress, both the house and senate, of course it was alL under the control of the Democrats.
WILD and EXOTIC claims were made that this new law would spur the creation of
250,000 – 500,000 new jobs per month. Vice President Joe Biden boldly predicted this type of
job growth himself. Well it has been two years since the passage of the stimulus bill, and Americans are still waiting.
The economy created 77,000 jobs in April, and another 69,000 Jobs in May. Lets put this into a bit of perspective. The average for these two months is 73,000 jobs divide that by 50 states and
on average 1,460 people were employed per state.
Connecticut’s unemployment rate using the U6 number currently stands at 14.8%
With about 27.6 million unemployed people in America, at the current job rates that
are reported monthly it would take another 31 years to create enough jobs to hire
the those that are, want, desire, yearn for full time work.
As the Summer of 2012 rolls along, will the promises of “Hope and Change” and
“Yes we can”, just turn to dust under the hot summer sun? Will anyone even remember? Will anyone care?