When President Obama sold the country on his $787 billion “stimulus” plan, he said the goal was to keep the jobless rate below 8 percent. It is now 9.4 percent and rising, meaning about 1.8 million more people than promised have lost their jobs since this plan was passed-including me. (Disclosure: I stand to benefit from the plan because my family’s outrageously expensive COBRA health insurance will be subsidized by 65 percent.)
Meanwhile, household net worth dropped by $1.33 trillion in the first quarter. Home foreclosures are up 18 percent over a year ago.
I know Obama keeps saying his plan will “create or save” X number of jobs, but that’s cold comfort to the millions of us “recently employed.”
About Stan Guthrie
Stan Guthrie is an editor at large for Christianity Today magazine and for the Chuck Colson Center for Christian Worldview. His latest book is God's Story in 66 Verses. He also is author of All that Jesus Asks: How His Questions Can Teach and Transform Us, Missions in the Third Millennium: 21 Key Trends for the 21st Century, and A Concise Guide to Bible Prophecy. He is co-author of The Sacrament of Evangelism. Besides authoring, writing, and editing books, Stan is a literary agent, bringing together good authors, good books, and good publishers.
Stan writes the monthly Priorities colum for BreakPoint.org. He has appeared on National Public Radio's Tell Me More, WGN's Milt Rosenberg program, and many Christian shows, including The Eric Metaxas Show and Moody Radio's New Day Florida. A licensed minister and an inspirational speaker, he served as moderator for the Christian Book Expo panel discussion, Does the God of Christianity Exist, and What Difference Does It Make?
