On anniversary,Obama defends economic stimulus

Reuters

 Obama and his team are trying to convince the public… evidently the evidence contradicts them

Obama and Vice President Joe Biden launched a sweeping effort to convince skeptical Americans that the stimulus has been beneficial on the one-year anniversary of a plan that was pushed through the U.S. Congress by Democratic majorities.

Obama,in a White House speech,said he believed the stimulus will save or create 1.5 million jobs in 2010 after saving or creating as many as 2 million jobs thus far.

His point was to show that the stimulus,while admittedly unpopular,had the effect of keeping the U.S. economy from plunging into a second Great Depression.

"Our work is far from over but we have rescued this economy from the worst of this crisis,"he said.

As Obama spoke,many administration officials were fanning out across the country this week to promote projects that have been funded by the stimulus to show Americans its results.

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