The statistics below reflect a "Stimulus Package," not a Republican Legislative Jobs Bill or Bush Tax Cut. It isn't 'a feel good feeling' with 'immediate gradification.' Sort of like a pat on the head. The Stimulus was all of two full months in the making when these statistics were reported, this is no measure of its effectiveness.
A good friend told me that on this past Thursday, in Wilmington, North Carolina, there was a call for the unemployed to report to the Unemployment Office to place applications with International Paper. There were many people that responded with lines out the door. That fact about the 'uptick' in the economy was never reported in the newspapers either.
May 2009 - Illinois - 9.9 % - Ranks 5th in GSP (Gross State Product)
May 2009 - Florida - 10.0% - Ranks 4th in GSP
May 2009 - Tennesee - 10.3% - Ranks 19th in GSP
May 2009 - Indiana - 10.4% - Ranks 18th in GSP
May 2009 - Ohio - 10.4% - Ranks 8th in GSP
May 2009 - Kentucky - 10.5% - Ranks 27th in GSP
May 2009 - District of Columbia - 10.7% - Ranks 34.5 place in GSP
May 2009 - Nevada - 11% - Ranks 31st in GSP
May 2009 - North Carolina - 11.1% - Ranks 9th in GSP
May 2009 - California - 11.2% - Ranks 1st in GSP
May 2009 - South Carolina - 11.6% - Ranks 28th in GSP
May 2009 - Oregon - 12.1% - Ranks 26th in GSP
May 2009 - Rhode Island - 12.1% - Ranks 44th in GSP
May 2009 - Michigan - 13.9% - Ranks 12th in GSP
May 2009 - Puerto Rico - 14.3% - Not Found
In 1928 Roosevelt became Governor of New York. (click here)
He was elected President in November 1932, to the first of four terms. By March there were 13,000,000 unemployed (approximately 25%), and almost every bank was closed. In his first "hundred days," he proposed, and Congress enacted, a sweeping program to bring recovery to business and agriculture, relief to the unemployed and to those in danger of losing farms and homes, and reform, especially through the establishment of the Tennessee Valley Authority.
By 1935 the Nation had achieved some measure of recovery, but businessmen and bankers were turning more and more against Roosevelt's New Deal program. They feared his experiments, were appalled because he had taken the Nation off the gold standard and allowed deficits in the budget, and disliked the concessions to labor. Roosevelt responded with a new program of reform: Social Security, heavier taxes on the wealthy, new controls over banks and public utilities, and an enormous work relief program for the unemployed.
Everyone needs to stop pouting because they lost their 'Republican feel good feeling' and find the veracity (devotion to the truth) of being a 'real' American. The Great Recession is due directly to the failed economic policies of eight years of Republican hubris.
The Obama Administration isn't interested in the 'flash in the pan' economics of Bush/Cheney that distracted the country from the immoral and illegal activities of their administration.
The Democratic Executive Branch and Legislature is interested in 'sustained' change to the country that isn't based in 'mythological economics.' Sustained change that will encompass changes in energy and transportation.
Last I looked, I didn't notice President Obama's Magic Wand compliments of Harry Potter.
