Since February 2009, when President Obama passed his stimulus plan and one month after he took office, the United States economy has shed 2,431,000 net jobs. As of June 2011, 45,183,931 Americans receive food stamps -- which is a 40% increase since President Obama assumed office. The Obama Administration predicted that if we passed the $821 billion stimulus,unemployment would not rise above 8%; as of August 2011, we are at our 31st straight month of unemployment being at 8% or higher. What is clear is that this President's policies for job creation have failed. It has been a model of big government, more spending, more taxes and more borrowing.
President Obama has made it clear that he still believes government is the answer to our problems. I believe that Main Street and the American people are the solution to our economy's problems, and I am going to continue to work hard each day to get government out of the way and let the small businessmen and women of this country get our economic engine working again.
Late last year I introduced my own jobs plan for America that, when implemented, will truly get our country back to work. It is not centered on spending money we do not have and taxing small businesses. It is centered on less government and more freedom for private enterprises. It is centered on the ideals that this country was founded upon. The government should not stand in the way of American ingenuity and productivity. It should only do what is constitutionally required, and then stand aside while individuals work towards the American dream.
My jobs plan covers seven issues I view as important to getting America back to work. I understand there are many ways to get the government out of the way so the American entrepreneur can grow his or her business, but these are the seven I view as being able to have some of the greatest impact.
1. 0% Capital Gains Tax
2. Rein in Regulatory Agencies
3. Stability in the Marketplace
4. Exploration-Based Energy Policy
5. Tort Reform
6. Tax Reform
7. Free Trade