President Obama, at the 2010 Governors’ Ball last night:
We took some swift and decisive action, and because of that swift and decisive action, not only were folks in your states able to get unemployment insurance and get COBRA at a much cheaper rate, not only were you able to fill some of those budget holes that I know are still tough and I suspect we’ll be talking about tomorrow, but we also started to begin entire new industries and start moving towards a extraordinary future through some of the infrastructure projects and research and development, clean energy projects that are — so many of you have been leaders of.
If you think about it — I was in Newton, Iowa, seeing a plant that had been closed, now reopened building wind turbines.
He is referring to a visit to Newton, Iowa, in April of 2009.
Iowa’s unemployment rate in April 2009: 5.1 percent. Iowa’s unemployment rate in December, the most recent month for which state statistics are available: 6.6 percent.
Newton, Iowa’s unemployment rate in April: 7 percent. Newton, Iowa’s unemployment rate in December, the most recent month for which state statistics are available: 9.1 percent, according to Iowa Workforce Development, a state-run employment agency.
It’s nice that the plant is reopened, but it’s not much considering the overall deterioration of the economy in the latter half of last year . . .