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Third Anniversary Of Stimulus Is Proof More Government Spending Is Not The Answer


Location: Washington, DC

On the third anniversary of President Obama's stimulus legislation, Representative Sean Duffy (R-WI) issued the following statement:

"Three years ago, unemployment was at 8.3 percent and our country was facing an ugly economy. A newly elected President Obama told us that drastic action was needed in the form a massive government spending bill -- the largest in our history -- and only then could we improve our economy and put Americans back to work. Well three years and $862 billion later, the nation's unemployment rate remains exactly the same, and our national debt has exceeded the size of our entire economy. In short, nothing's changed except the national debt.

"The stimulus bill was a mistake and a failure -- that much is clear. Today, we have a lower total number of employed Americans and a higher level of those who have grown so discouraged they've stopped looking for work entirely.

"I'm deeply concerned that President Obama and his allies in the Senate are now hoping to double down on the same failed tax and spend policies that did so little to begin with. With his newly released budget, it is incredibly disappointing that our President still does not seem to understand that more government spending won't create jobs.

"I know we can get our economy back on track and put the people of Wisconsin back to work, and I remain hopeful that our private sector will flourish when we stop trying to spend our way to prosperity at the expense of small businesses, manufacturers and taxpayers. By getting government out of the way and creating a more certain economic environment with reduced taxes and regulations, job creators will finally be able to invest and grow in Wisconsin and across the country."

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