GOP Leader: "The writing is on the wall for President Obama's 'stimulus' policies and everyone -- taxpayers, economists, and the rest of the world -- sees it but him."
Contact: Michael Steel, Kevin Smith, 202-225-4000
WASHINGTON, July 2 /Standard Newswire/ -- House Republican Leader John Boehner (R-OH) responded today to a Department of Labor report showing that the U.S. economy lost 125,000 jobs in the month of June. Where are the jobs? Boehner issued the following statement:
"This jobs report is a disappointment for every family and every small business who heard President Obama declare just weeks ago that our economy is 'getting stronger by the day.' The writing is on the wall for President Obama's 'stimulus' policies and everyone -- taxpayers, economists, and the rest of the world -- sees it but him. How much longer are we going to continue with this disastrous spending spree that is scaring the hell out of the American people and piling debt on our kids and grandkids? Instead of whining and making excuses, President Obama should stop turning his back on small businesses, start listening to the American people, and work with Republicans to put people back to work.
"Taxpayers have had enough of Obamanomics: they want Washington to get out of their way and out of their pocket. Our economy will ultimately recover, but it will do so because of the hard work and entrepreneurship of the American people. Economists say we need to cut spending now to put people back to work, and Republicans have offered better solutions to do just that."
NOTE: This morning, POLITICO Playbook highlighted Boehner's new "Stuck on 'Stimulus'" policy report that outlines how President Obama's economic policies have been an even bigger failure than the American people realize. The report details troubling employment disparities, including persistently high minority unemployment and a widening gap between private sector and federal government growth.
In the foreword, Boehner writes: "If you want to boost the economy and support private sector job creation, you don't go on a binge of taxing, spending and borrowing; you rein in spending, keep taxes low, and give small businesses the certainty they need to get back on their feet. … This year alone, Washington will spend a record $3.6 trillion. … To keep up this pace, we will have to borrow 43 cents of every dollar we spend from our kids and grandkids."
NOTE 2: On June 4, 2010, President Obama said, "Our economy is getting stronger by the day." On June 17, 2010, the Obama Administration kicked off "recovery summer."