August unemployment rate continues to show that the stimulus is an epic failure

Victor Joecks

In what’s become a monthly refrain here at Write on Nevada it’s time for another reminder that the stimulus was and is an epic failureby the standard Obama, Reid and Pelosi set for themselves: the unemployment rate.

The unemployment rate in August rose to 9.6 percent.

There’s really nothing more to say except: One failed stimulus is enough.

This chart is originally from Innocent Bystanders in June 2010. I’ve added the last three data points myself, because I can’t find a more updated chart on their site. Innocent Bystanders should get credit for the original chart and idea.