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ONE YEAR AGO TODAY:

posted Feb 17, 2010, 10:29 AM by Ting Dai
  "If I could create one job in the private sector by helping to grow a business, that would be one more than Congress has created in the last six months." -Democratic U.S. Senator Evan Bayh, Feb. 16, 2010
DENVER - With great fanfare and extravagant claims, Mayor John Hickenlooper, Senator Michael Bennet and Governor Bill Ritter joined President Barack Obama to sign the 1,100 page, $787 billion "stimulus" bill into law one year ago today in Denver.
"President Obama asked Coloradans to 'hold us accountable' one year ago today and now it's time to do so," said Colorado Republican State Chairman Dick Wadhams.  "Mayor Hickenlooper, Senator Bennet and Governor Ritter are just as responsible as President Obama for this failed 'stimulus' bill that has done nothing but drive up unemployment and the federal debt."
"One year ago, President Obama, Mayor Hickenlooper, Senator Bennet and Governor Ritter claimed that the 'stimulus' bill would create 60,000 jobs in Colorado but the fact is Colorado has lost 76,000 jobs over the past year," Wadhams said.  "President Obama's own 'stimulus' website claimed 8,094 jobs were 'created or saved' in 2009 but at least 1,000 of these alleged jobs were proven to be phony."
"Here in Colorado, more than $247,000 in 'stimulus' funds were used for signs promoting Governor Bill Ritter at highway construction sites," Wadhams said.  "Those signs might have stimulated Bill Ritter's ego but they did nothing to add jobs."
"One year ago, President Obama, Mayor Hickenlooper, Senator Bennet and Governor Ritter said 3.5 million jobs would be created by the end of 2010," Wadhams said.  "But 2.8 million jobs have been lost since he made that promise."
"One year ago, President Obama, Mayor Hickenlooper, Senator Bennet and Governor Ritter said the unemployment rate would remain under 8 percent because of the 'stimulus' bill," Wadhams said.  "One year later the unemployment rate is 9.7 percent and at 16.7 percent when underemployed and discouraged workers are included."
Colorado Republicans paid for full page ads in the Denver Post and the now-defunct Rocky Mountain News one year ago warning that the 'stimulus' bill was a misguided Washington solution full of irresponsible federal spending that would fail. 
"Everything we warned about one year ago has proven to be true while the Obama-Hickenlooper-Bennet-Ritter 'stimulus' bill has been a miserable failure," Wadhams said.
For more on this topic see:
RNC:  STIMULUS FAILURE BY THE NUMBERS:  One Year After February 17 Signing Of Stimulus, 17 Numbers You Need To Know
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