By orders of magnitude, unemployment is rising faster than the new jobs promised from the $800 billion stimulus package. National unemployment has risen to 9.5 percent, higher than the 8 percent peak predicted by the administration when it was selling the package to Congress. Some economists and some Democrats want another package. The President says, "Give this one more time." Republicans already are saying, "I told you so." Meantime, just one job is available for every six unemployed workers. Are schools and workplace developers training people for jobs that don't exist? Who finds work and who doesn't? Will the so-called "green economy" pick up the slack?
With 7 Million Unemployed, Is the Stimulus Working?
Lori Montgomery - Washington Post - @loriamontgomery, Linda Hahn - Executive Director, Metropolitan Career Center, Heidi Shierholz - Economist, Economic Policy Institute - @EconomicPolicy, Maya MacGuineas - Committee for a Responsible Federal Budget - @MayaMacGuineas