Video: Rep. Kevin Brady (R-TX) Debunks White House Stimulus Report

Pretty much all the things I have laid out with regard to the failed stimulus boondoggle:

He mentions what I have coined* as the "jobs deficit" - the different between what Obama promised and what we have. That number is around 7 million right now since 1) Obama promised that the stimulus would created 3.5 million NEW jobs, and 2) 3.5 million jobs have been lost instead. So it pretty much follows his handling of the budget. For all the regime's flailing around, even Democrats admit the stimulus has been an utter failure: Sen. Michael Bennet (D): Trillions in Debt, "NOTHING TO SHOW FOR IT". Recall that the stimulus package was supposed to stop the unemployment rate at 8%! A crisis could become a calamity? Remember that? Here's how that looks (via Michael's Comments):

Note that the blue lines are the numbers that Obama's team came up with. So the actual unemployment rate is not only worse that what would happen with porkulus, but even worse than was predicted without it. By the way, tomorrow the new unemployment rate for the last month will be released, and it's going to be a doozy. Via Instapundit: CHANGE: Gallup: Unemployment rate back over 10%. “In yet another harbinger of tomorrow’s official jobless report, Gallup shows a sharp increase in unemployment for September, pushing their estimate of joblessness to 10.1%." How's that hopey changey working out for you all?

* - the term was coined by yours truly back in February of this year and has since been picked up by bloggers everywhere sans reference to the originator. Stephen Green aired his weekly show and pinned my new term in blogosphere lore: Video: theblogprof #5 on PJTV Steve Green's "This Week In Blogs"