June 3, 2011 11:10AM 

# Heckuva Job on that Stimulus! 

By [Daniel J. Mitchell](https://www.cato.org/people/daniel-mitchell) 

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Based on this morning’s numbers, I’ve updated [my chart](http://danieljmitchell.wordpress.com/2011/05/06/new-job-numbers-are-a-mixed-bag-for-the-economy-but-bad-news-for-obama/) showing what the Obama Administration said would happen with the so-called stimulus compared to what actually has happened. As you can see, the unemployment rate is about 2.5 percentage points higher than the White House claimed it would be at this point.

![Media Name: 201106_blog_mitchell31.jpg](/sites/cato.org/files/styles/pubs_2x/public/wp-content/uploads/201106_blog_mitchell31.jpg?itok=2Z6gCw6e) 

Since I just did an [I‑told-you-so post about Greece](http://danieljmitchell.wordpress.com/2011/05/31/the-i-told-you-so-blog-post-about-the-completely-predictable-failure-of-the-greek-bailout/), I may as well pat myself on the back again (albeit for another completely obvious prediction). Here’s the video I narrated a couple of years ago on the Obama faux stimulus.

##### Related Tags 

[Government and Politics](https://www.cato.org/government-politics), [Tax and Budget Policy](https://www.cato.org/tax-budget-policy) 

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