CHART OF THE DAY: Obama's Biggest Failure

Avatar von worldspy worldspy - 13.07.12 00:00 Earlier today, Business Insider Editor-in-Chief Henry Blodget wrote about how President Obama would get pushed out of office due to the fact that his projection for unemployment, when he pitched the stimulus, was far below where it is now.
In 2009, the government passed the American Recovery and Reinvestment Act, which was expected to move unemployment to 7.0 percent in 2010. Now, according to Obama, it should have been somewhere around 5%.
Three years later, unemployment remains substantively above that — currently at 8.2 percent.
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