Question and answer from today’s White House press conference with Obama spokesman, Jay Carney.
Real Clear Politics:
QUESTION: If Congress were to pass the package that the President’s going to announce, unemployment would be under 9%?
JAY CARNEY: Based on, when you’re talking about economic predictions, yes. Economic analysts, economists will be able to look at this series of proposals and say that ‘based on history, based on what we know, based on their collective expertise, that it would add to economic growth and cause an increase to job creation.
In 2009, the White House said President Obama’s stimulus plan would bring unemployment to below 8%.
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