Friday, September 03, 2010

Pence: Democrat Policies Have Failed to Bring Down Unemployment

"Democrat policies of taxing, spending and bailouts have restricted job creation and caused uncertainty among small business owners."

Washington, DC - U.S. Congressman Mike Pence, Chairman of the House Republican Conference, released the following statement today after the Bureau of Labor Statistics reported that the national unemployment rate for August rose to 9.6 percent:

“Today’s unemployment report is a sad reminder that the
economic policies of Washington Democrats have failed. In Indiana and across the
country, people are hurting. For the past year the national unemployment rate
has been 9.5 percent or higher, and since Democrats borrowed nearly a trillion
dollars from future generations for their so-called stimulus, this economy has
shed 3.6 million jobs.

“Democrat policies of taxing, spending and
bailouts have restricted job creation and caused uncertainty among small
business owners. Instead of being able to invest in their companies and workers,
job creators are bracing for the devastating tax increases that Democrats plan
for January 1, and the dramatically higher health care costs that will be a
consequence of ObamaCare. Washington desperately needs to return to the proven
formula of fiscal discipline and fast-acting tax relief that will put Americans
back to work.”

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