After talking the economy down on a daily basis for six months, on Feb. 13, 2009 President Obama pushed the American Recovery and Reinvestment Act of 2009 through Congress, based on this promise. With the recovery plan, unemployment would stay below 8%. Without it, it would go up to 9%.
So how did they do with their almost trillion dollar spending bill? The graph below shows the official rates, not including the millions of people who gave up looking for a job.