BF2S Forums Gibbs: 'Stimulus plan is working' despite job losses

The Hill wrote:

Despite losing almost a half-million jobs in June, the economy is showing signs of recovery, the White House said Thursday.

White House press secretary Robert Gibbs said the president joins the American people in being "impatient for results" as Republicans are howling that Obama's $787 billion stimulus plan has done nothing to halt job losses.

"There's a sense that beginnings of stabilization are taking hold, and hopefully the worst job loss is behind us," Gibbs said, adding the president was "deeply disappointed by the continued job loss" as the national unemployment rate moved up to 9.5 percent.

Gibbs said he "absolutely" believes that number is "definitely headed to 10 percent."

"It may not be next month, but I would assume in the next two to three months I think it's quite clear that we'll hit that number," Gibbs said....