Cornyn: Failed Stimulus Epitomizes 2012 Choice for Voters

Press Release

Today U.S. Senator John Cornyn (R-TX), a member of the Senate Budget and Finance Committees, issued the following statement on the third anniversary of the President's trillion dollar stimulus bill:

"The failed stimulus epitomizes the choice voters will face in November. Do the American people want leaders who believe jobs are created by government, or ones who believe jobs are created in spite of it?"

STIMULUS PREDICTION: 6% Unemployment by First Quarter, 2012

Obama advisors Christina Romer & Jared Bernstein claimed that the "unemployment rate with … the recovery plan," would not exceed eight percent "with recovery plan." (Christina Romer & Jared Bernstein, "The Job Impact Of The American Recovery And Reinvestment Plan," P.4, 1/9/09)

* REALITY: 8.3% Unemployment in January 2012 ("The Unemployment Situation -- January 2012," Bureau Of Labor Statistics, 2/3/11)

STIMULUS PREDICTION: "4 Million Jobs'

PRESIDENT OBAMA: "It's A Plan That Will Save Or Create Up To 4 Million Jobs Over The Next Two Years." (President Obama, Town Hall Meeting, Fort Myers, FL, 2/10/09)

* REALITY: 1.2 million fewer jobs than January 2009 (Senate Republican Conference, "He's Made It Worse," 2/15/2012)

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