Boehner on Jobs Report: "Welcome to the Reality"

Statement

Three days after Treasury Secretary Timothy Geithner declared "Welcome to the Recovery" in The New York Times, the Department of Labor reported that the U.S. economy lost another 131,000 jobs in the month of July. Additionally, the unemployment rate remained at 9.5 percent despite Obama Administration projections that the trillion-dollar "stimulus' would keep unemployment below eight percent. Those projections were spearheaded by the president's chief economist, Christina Romer, whose resignation was announced by the White House last night.

Congressman John Boehner (R-West Chester) issued the following statement:

"Welcome to the reality of President Obama's broken promises, out-of-control spending sprees, and failing "stimulus' policies. After another disappointing jobs report and the resignation of one of the chief architects of the trillion-dollar "stimulus,' it's time for President Obama to listen to the American people and face up to the fact that his "stimulus' policies aren't working. How many more times do families and small businesses have to ask "where are the jobs' before President Obama changes course? Our economy will ultimately recover, but it will do so because of the hard work and entrepreneurship of the American people. Republicans are listening to the American people and offering better solutions to cut spending now and get people working again.

"Today's report should also cause House Democrats to reconsider beating a path back to Washington next week to double down on the same "stimulus' policies that have led to fewer jobs and more debt. The American people don't want more Washington "stimulus' spending -- especially in the form of a political season pay-off to union bosses. How about Washington Democrats do the right thing for a change and focus on helping small businesses? Let's work together to ease the uncertainty employers are up against and stop the Obama Administration's job-killing tax hike on families and small businesses."

NOTE: An editorial in today's Washington Post calls Democrats' latest "stimulus' spending spree "deeply discouraging," a "crusade" that "has always struck us as more of an election-year favor for teachers unions than an optimal use of public resources. Billed as an effort to stimulate the economy, it's not clearly more effective than alternative uses of the cash."


Source
arrow_upward