Today, the Bureau of Labor Statistics reports an unemployment rate of 8.3 percent for February, which is equal to the rate in January and lower than the rate throughout 2011. Jim Pethokoukis reacts by posting this updated graph that compares the unemployment reality to the promises the Obama administration made when arguing for the $787 billion stimulus package back in early 2009. Pethokoukis points to a 2.3 percentage point gap between the 8.3 percent rate today and the 6 percent rate promised by the administration.

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