Despite success in being able to stimulate jobs through his Recovery Act policy in 2009, it has done very little to change the rate of unemployment. With the implementation of the Recovery Act stimulus, Obama’s economic advisors promised that the unemployment rates would stay below 8 percent and fall to 6 percent by the year 2012 (“The Five Biggest Failures From President Obama's Stimulus Law”). This has proven to be a huge failure today. Over 12.8 million Americans are unemployed, more than 8.2 million cannot find enough work to sustain their household. More than 1.1 million Americans have ultimately given up hope of finding steady work. The average unemployment rate still holds high at 8 percent. The Recovery act, if anything, has caused our nation to fall further into debt, continuing to push us into a depression, and into poverty. Obama stated in 2009 that the stimulus would lift approximately 2 million Americans out of poverty, but since that day more than 6.3 million Americans have fallen into poverty (“The Five Biggest Failures From President Obama's Stimulus
Despite success in being able to stimulate jobs through his Recovery Act policy in 2009, it has done very little to change the rate of unemployment. With the implementation of the Recovery Act stimulus, Obama’s economic advisors promised that the unemployment rates would stay below 8 percent and fall to 6 percent by the year 2012 (“The Five Biggest Failures From President Obama's Stimulus Law”). This has proven to be a huge failure today. Over 12.8 million Americans are unemployed, more than 8.2 million cannot find enough work to sustain their household. More than 1.1 million Americans have ultimately given up hope of finding steady work. The average unemployment rate still holds high at 8 percent. The Recovery act, if anything, has caused our nation to fall further into debt, continuing to push us into a depression, and into poverty. Obama stated in 2009 that the stimulus would lift approximately 2 million Americans out of poverty, but since that day more than 6.3 million Americans have fallen into poverty (“The Five Biggest Failures From President Obama's Stimulus