The new normal under Obama
By Tom Quiner
What was the purpose of the trillion dollar stimulus? To create jobs.
The chart below shows the abject failure of the effort as the employment rate has moved to its lowest level since the last failed president, Jimmy Carter.
So what are Democrats’ newest solution? More of the same with a minimum wage hike thrown in for good measure. Even the CBO acknowledges that won’t help.
Stagnation is the new normal under this administration.