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Obama warned upon taking office that if "dramatic action" were not taken, "the unemployment rate could reach double digits," with the recession lasting for years.
But PolitiFact could find no evidence of anyone in the administration making a public pledge that the stimulus would keep the unemployment rate below 8 percent.
When we asked Boehner's office what evidence he had, they provided a number of sources that confirmed the prediction. Those included a reference to Rep. Barney Frank -- a Democrat and chairman of the House Financial Services Committee -- saying that Obama and Democrats were saddled with a "false prediction" and that making the prediction "was a dumb thing to do."
There is an element of truth in Boehner’s statement. A report prepared by the incoming Obama administration did project that the unemployment rate would peak at just under 8 percent in 2009. It has been above 8 percent since early in 2009.
We think it's a big stretch to call an economic projection a "promise." The administration never characterized it that way and included plenty of disclaimers saying the predictions had "significant margins of error" and a higher degree of uncertainty due to a recession that is "unusual both in its fundamental causes and its severity."
Those are critical facts that the speaker’s claim ignores.
As we have ruled for others who have made this claim, we rate Boehner’s statement Mostly False. [more]
20 hours ago
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