U.S. Congressman Tom Cole (OK-04) released the following statement regarding the lack of jobs created by the stimulus bill.
"Eight months ago the Administration and Democrats in Congress pushed through a nearly $800 billion so-called 'stimulus' bill that was supposed to lead to the creation of nearly 3.5 million jobs. However, recent statistics suggest that since the time the 'stimulus' bill was passed America has actually lost almost 2.3 million jobs. The unemployment rate, which the President said would not exceed eight percent with the implementation of the stimulus is now approaching 10 percent and climbing."
"The only place where the job creation goals of the Obama Administration have been met is in Washington, D.C. This is to be expected from legislation designed to expand the size and scope of the federal government. The Administration and liberals in Congress need to rethink their strategy for economic development by focusing more on small businesses and less on big government."
"To truly help small businesses and stir job creation, we need policies that cut taxes and reform health care costs. This will empower employees to retain their current workforce and hire new employees. We should also lower taxes for all taxpayers. This will provide an immediate increase in income for every taxpaying family in America. I strongly urge the members of the majority in Congress and the President to consider these options. Unless and until they do, Americans will be left to wonder 'where are the jobs?'"