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→Stimulus edges Unemployment higher
==Stimulus edges [[Unemployment]] higher==
==Stimulus edges [[Unemployment]] higher==
[[File:Unemployment Rate August 2010.JPG|200px|right|thumb|Unemployment rises to 9.6% after the President promised it would not go above 8%.]]
[[File:Unemployment Rate August 2010.JPG|200px|right|thumb|Unemployment rises to 9.6% after the President promised it would not go above 8%.]]
The '''[[U.S. Labor Department]]''' reported '''[[Unemployment]]''' rose in the ‘'''Summer of Recovery'''’ to 9.6%, or 14,900,000 workers. '''[[President Obama]]''', rested up from an extended vacation just prior to the long [[Labor Day]] holiday weekend, called the results "positive;" [[Wall Street]] rallied on the bad news. According to the ''[[New York Times]]'', [[Democrat]]s and President Obama received 70 percent of all campaign contributions from Wall Street<ref>http://www.nytimes.com/2010/08/31/business/31sorkin.html</ref> in [[United States Presidential Election, 2008|2008 elections]].
The '''[[U.S. Labor Department]]''' reported '''[[Unemployment]]''' rose in the ‘'''Summer of Recovery'''’ to 9.6%, or 14,900,000 workers. '''[[President Obama]]''', rested up from an extended vacation just prior to the long [[Labor Day]] holiday weekend, called the results "positive;"<ref>http://www.wbur.org/2010/09/03/unemployment-rate-2</ref> [[Wall Street]] rallied on the bad news. According to the ''[[New York Times]]'', [[Democrat]]s and President Obama received 70 percent of all campaign contributions from Wall Street<ref>http://www.nytimes.com/2010/08/31/business/31sorkin.html</ref> in [[United States Presidential Election, 2008|2008 elections]].
Dr. Christina Romer, who last year asserted the [[Economic stimulus]] would stop Unemployment from rising above 7.8%, cleaned out her desk and resigned from the President's Council of Economic Advisers the same day the recent Jobs Report was released. Since the Stimulus became Law, an additional 3,200,000 jobs have been lost.
Dr. Christina Romer, who last year asserted the [[Economic stimulus]] would stop Unemployment from rising above 7.8%, cleaned out her desk and resigned from the President's Council of Economic Advisers the same day the recent Jobs Report was released. Since the Stimulus became Law, an additional 3,200,000 jobs have been lost.