What the President promised v. what happened:
After three years, the data clearly show that the president’s claims have underestimated the level of unemployment by roughly three million people (nearly 2 percentage points) on average each year. In January 2012 the actual unemployment rate was 8.3 percent, which is 38% (or 2.3 percentage points) higher than the president’s estimate—the largest difference between the actual versus estimated rate since the passage of ARRA.
