Continuing on Americans for Limited Government’s series investigating the effects that the “Summer of Recovery” and the “Stimulus” had on the states we covered Montana, Oklahoma, Idaho, Rhode Island and Utah over the past week. With news this week that the recession ended in 2009, it is hard to notice any “recovery” in the states we have examined. Further, with the most recent release of the unemployment situation state by state for the month of July, it is more evident than ever that the economy is not recovering.
Just look at Rhode Island. Since January of 2009, the unemployment rate has increased by 2.3 percent and is now hanging just below 12 percent! While Rhode Island is a less populated state than most, the effects of the recession are deep across the board. Even though the recession has been declared over, the unemployment trend in Rhode Island is not good and is continually creeping upwards.
Oklahoma is another good example of a state that has been devastated. While the initial impacts of the recession in Oklahoma were better than most, the “Sooner State” has had a rough year in 2010. The unemployment rate alone has increased by nearly 2 percent since Obama took office.
And Oklahoma is also a good state to look at for the “success” of “Recovery Summer.” If you look at the employment rate in Oklahoma for 2010, you will see that at about the time that the “Summer of Recovery” began, the employment rate plummeted at a tremendous rate. Across the board, the notion of the “Recovery Summer” is anything but.
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