Didn't they tell us to pass the stimulus or face 8% unemployment?

Another Friday and more bad news for the US economy:

"Private businesses added 83,000 workers to their payrolls in June, an improvement since May and worse than analysts expected." (Fox)

Reuters reports this: Weak private hiring shows tepid recovery

Of course, this is not a surprise for those who've been living in the real world.

Fact: Employers are scared. Nobody is making decisions because no one knows what taxes or regulations are waiting around the corner.

For example, what about the coming tax increases on January 1 when the Bush tax cuts expire: Six Months to Go Until The Largest Tax Hikes in History

Fact: The stimulus did not stimulate.

Pres BO now faces the difficult task of reconciling these results and the economic policies that made things worse.

And he faces all of those promises made when they passed a stimulus that no one read or analyzed: