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June 17, 2011
One Year Later, Obama’s Recovery Remains
AFailure While Economists Are Delivering A GrimPrognosis For The Future
FLASHBACK: One Year Ago:
“The Administration today kicks off ‘Recovery Summer,’ a six
-week-long focuson the surge in Recovery Act infrastructure projects that will be underway across the country in the comingmonths - and the jobs they'll create well int
o the fall and through the end of the year.”
(Press Secretary Robert Gibbs,
“Administration Kicks Off ‘Recovery Summer’ With Groundbreakings And Events Across The Country,”
Less Than Three Months
Later: “Let’s See, What Happened This Summer? Easy Question.
TheRecovery Went Missing
(Bill Bonner, “The Summer The Recovery Went Missing,”
The Christian Science Monitor
ONE YEAR LATER, THE RECOVERY IS STILL MISSING AND SO IS THE PRESIDENT’S
LEADERSHIP ON THE ECONOMY
Since The Sta
rt Of Obama’s Recovery Summer
, The Average Length Of Unemployment Has IncreasedFrom 34.8 Weeks To A Record 39.7 Weeks.
(Bureau Of Labor Statistics, BLS.gov,Accessed 6/16/11)
The Unemployment Rate Has Remained Above 8 Percent For A Record 28 Straight Months And 13.9Million Americans Remain Out Of Work.
(Bureau Of Labor Statistics, BLS.gov