Democrats suggest the State and local government bailout bill to be considered in the House on August 10 will temporarily “save” certain government jobs. But what they won’t tell you is that the $9.6 billion in permanent tax hikes they would impose to “pay for” that extension of stimulus would destroy over 141,000 private sector jobs. That would be on top of the 2.5 million private…
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Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today issued the following reaction to the July jobs report:
“This economy is still very fragile and far too many Americans are still out of work. If Democrats raise taxes on small businesses, which is what the White House and most Democrats in Washington want to do, we are all but guaranteed more job losses and a rougher…
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As Democrats’ “recovery summer” continues to disappoint, many long-term unemployed Americans have become so discouraged over their prospects of finding a job that they have quit searching for work altogether. Ironically, with the way the government calculates the official unemployment rate, when that happens the unemployment rate drops -- since it measures unemployment only among those…
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JOE BIDEN CLAIM:
“There are 3 million [more] Americans working today than there were before we took office.”
FACTS:
Employees in actual jobs are DOWN by 3.079 Million since January 2009.
Source: Department of Labor, Bureau of Labor Statistics
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Democrats promised their stimulus would create millions of jobs. It hasn’t.
Democrats promised stimulus would create 3.7 million jobs. It hasn't.
Instead, through June 2010 the U.S. lost 2.6 million more private sector jobs, leading millions of Americans to ask "where are the jobs?"
Overall 47 out of 50 states have…
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While the Obama Administration continues their so-called “Recovery Summer” tour claiming the Democrats’ stimulus bill “saved or created” three millions jobs, the facts show 47 out of 50 States have lost jobs since stimulus passed. The table below compares the number of jobs the Administration currently claims its stimulus has somehow created in each State (center column) with the actual…
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Despite an unemployment rate stuck near 10 percent and millions of job losses in the wake of the 2009 stimulus plan, the Obama Administration continues to pat themselves on the back for the comparative trickle of job growth since the start of 2010. For example, today Vice President Biden will unveil the Council of Economic Advisers’ latest report on “job growth” supposedly resulting…
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On the 18-month anniversary of the release of the Romer/Bernstein report, the table below compares the Obama Administration’s January 9, 2009 prediction for how many jobs its stimulus plan would create with what actually happened, by industry. As the table shows, most industries have not seen even one net new job since the Administration’s stimulus plan. The sole exceptions are…
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Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today issued the following reaction to today's jobs report:
“It is clear that too much taxing and deficit spending by Washington Democrats has had a chilling effect on our economy. Employers simply do not know what to expect next from Washington or how much it will cost them. The result is an unemployment rate that is…
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As the Washington Post today reported, the chairman of the Business Roundtable “accused the president and Democratic lawmakers Tuesday of creating an ‘increasingly hostile environment for investment and job creation.’”
In a letter from the Business Roundtable and The Business Council to Office of Management and Budget Director Peter Orszag, these business leaders stated that policies…
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