As the Democrats continue to insist how important it is to enactment their Obamacare boondoggle, we should pause and consider the result of the last legislation they claimed was so important -- President Obama's so-called stimulus.
Watch the following video reminder:
Team Obama used scare tactics in getting the Democrat-controlled
Congress to give him the massive $800 billion spending bill dressed up
as a stimulus.
They told us that without Obama's bailout the unemployment rate would reach 9%, but if Congress passed his boondoggle, unemployment would peak at 8%.
The unemployment rate scare tactic was contained in Obama's "The Job Impact of the American Recovery and Reinvestment Plan." How did those predictions turn out? At Innocent Bystanders, Geoff, has plotted actual unemployment rates on Obama's prediction chart.