The American Spectator : The Spectacle Blog : Obama in Feb.: Without Stimulus Bill, "Unemployment will approach double digits."

Obama in Feb.: Without Stimulus Bill, "Unemployment will approach double digits."

By Philip Klein on 11.6.09 @ 11:59AM

Here's what President Obama wrote when pushing the economic stimulus bill in a February Washington Post op-ed titled, "The Action Americans Need":

And if nothing is done, this recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits.

Good thing we passed that stimulus bill and staved off double-digit unemployment. Er, scratch that.

Philip Klein is The American Spectator's Washington correspondent. You can follow him on Twitter at: http://twitter.com/Philipaklein

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