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Public Statements

Boozman Says U.S. Economy "Stuck in Neutral"

Statement

By:
Date:
Location: Washington, DC

U.S. Senator John Boozman (R-AR) today released the following statement after the release of nationwide unemployment numbers:

"Today's jobs report paints a picture of an economy stuck in neutral. For the forty-third straight month, our national unemployment rate is over 8%. Clearly, the tax-and-spend agenda that President Obama and the Senate Majority have been pursuing is not working. Washington needs to change course or this recovery will never get in gear.

In order to move the recovery forward, we need to encourage innovation and growth in the private sector. We need to reform our tax code, reduce the regulatory burdens placed upon small businesses, open new trade markets for our manufacturers and pass an "all-of-the-above' energy policy that allows us to decrease our dependency on foreign regimes for oil. We can put millions of Americans back to work if we follow these steps to create an economic environment conducive to job creation."

NOTE: The Department of Labor reported an unemployment rate of 8.1 percent for August 2012, which is a decrease of 0.2 percent from July, and an increase of 96,000 nonfarm jobs. Over 350,000 people gave up their search for work this past month.


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