“All applicants must be able to detect and alleviate there own spelling and grammer mistakes.”
June 9th, 2009
This chart (from the linked article) compares the Obama administration's projections for unemployment to actual observed data.
The projections:
Without the stimulus plan (light blue line), unemployment starts to level out sometime between Q3-2009 and Q1-2010, peaks at a hair over 9% during Q1-2010 and Q2-2010, then begins to decline.
With the stimulus plan (dark blue line), unemployment unemployment starts to level out in Q1-2009, peaks just below 8% in June 2009, and is declining by Q3-2009.
The reality:
May 2009 ended with unemployment just shy of 9.5%, with the curve still steepening.
“Oops.”
See also this article, which also notes that the unemployment rate has risen almost two points in four months, the highest job loss rate recorded since the beginning of US unemployment statistics in 1948.