Rep. Dave Camp calls stimulus a failure
Posted: 10.21.2009 at 2:04 PM
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The following is a message from Rep. Dave Camp:

The table below, released by Ways and Means Ranking Member Dave Camp (R-MI), compares the White House's February 2009 projection of the number of jobs that would be created by the 2009 stimulus law (through the end of 2010) with the actual change in state payroll employment through September 2009 (the latest figures available). According to the data, 49 States and the District of Columbia have lost jobs since stimulus was enacted: only North Dakota has seen net job creation following the February 2009 stimulus.

“Michigan, which consistently has the nation’s highest unemployment rate, has been particularly hard-hit by the failings of the stimulus plan,” said Camp.  “It is clear from today’s jobs report that stimulus has failed to do what it promised and failed to create jobs for American workers.  Eight months after the President signed the stimulus bill, we are all still asking: where are the jobs?  Instead of jobs, the American people got record deficits.”

Michigan has lost the 4th-most jobs under the President’s stimulus plan, a fact Camp said he was unfortunately not surprised by given his recent meetings and visits to mid- and northern-Michigan employers.

“It didn’t need to be this way,” said Camp, who authored his own jobs plan that was estimated to have created twice the jobs at half the cost.

 While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the nation has already lost a total of 2.7 million – a difference of 6.2 million jobs.  To see how stimulus has failed Michigan and other states, see the table below:

       

State   Estimated Change in Jobs Through December 2010  Actual Change in Jobs Through September 2009   
Alabama +52,000 -33,600
Alaska  +8,000  -2,900 
Arizona +70,000 -77,300
Arkansas        +31,000 -16,000
California      +396,000        -336,400       
Colorado        +59,000 -58,900
Connecticut     +41,000 -35,900
Delaware        +11,000 -9,500 
District of Columbia    +12,000 -4,000 
Florida +206,000        -165,100       
Georgia +106,000        -131,900       
Hawaii  +15,000 -17,000
Idaho   +17,000 -11,300
Illinois        +148,000        -148,900       
Indiana +75,000 -54,200
Iowa    +37,000 -25,800
Kansas  +33,000 -45,400
Kentucky        +48,000 -42,300
Louisiana       +50,000 -34,500
Maine   +15,000 -12,300
Maryland        +66,000 -25,800
Massachusetts   +79,000 -38,600
Michigan        +109,000        -137,300       
Minnesota       +66,000 -56,100
Mississippi     +30,000 -14,400
Missouri        +69,000 -38,000
Montana +11,000 -3,500 
Nebraska        +23,000 -11,700
Nevada  +34,000 -33,800
New Hampshire   +16,000 -12,000
New Jersey      +100,000        -55,600
New Mexico      +22,000 -17,800
New York        +215,000        -111,800       
North Carolina  +105,000        -75,600
North Dakota    +8,000  +1,800 
Ohio    +133,000        -97,500
Oklahoma        +40,000 -39,500
Oregon  +44,000 -40,000
Pennsylvania    +143,000        -103,200       
Rhode Island    +12,000 -8,500 
South Carolina  +50,000 -16,000
South Dakota    +10,000 -4,400 
Tennessee       +70,000 -48,300
Texas   +269,000        -225,300       
Utah    +32,000 -32,500
Vermont +8,000  -2,900 
Virginia        +93,000 -47,000
Washington      +75,000 -65,900
West Virginia   +20,000 -12,700
Wisconsin       +70,000 -61,000
Wyoming +8,000  -10,500
Total   +3,460,000      -2,704,600