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Rep. Huelskamp: Obamanomics = Carter Malaise Redux

Statement

Date: April 5, 2013
Location: Washington, DC
Issues: Employment and Affirmative Action Economy and Fiscal

The U.S. Department of Labor's Bureau of Labor Statistics released the monthly jobs report this morning. It reveals that the number of Americans not in the labor force soared by a massive 663,000 people in March. The number of Americans who are no longer even looking for work now stands at an all-time record high of 90 million people.

In response to the announcement of these abysmal numbers, Congressman Huelskamp (R-Kansas) said:

"In just four short years, President Obama has managed to roll back the economy 34 years. The labor force participation rate has plunged to 63.3% -- the lowest level since Jimmy Carter inhabited the White House! Whether it's President Carter's economic malaise or Obamanomics, big government is not the answer. Instead, I have a real economic growth plan. House Republicans should put a stop to President Obama's job-killing agenda. Defunding Obamacare in the next "must-pass bill' is a great place to start."


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