Stimulus Isn’t Working, and No Amount of Phony Statistics Can Change That
Source: House Republican Leader John Boehner
Oct 30, 2009 - 11:39:56 AM
GOP Leader: “While Washington keeps spending and piling more debt on the backs of our children and grandchildren, out-of-work families keep asking, ‘where are the jobs?’"
WASHINGTON, D.C. – House Republican Leader John Boehner (R-OH) issued the following statement today in response to news reports that the White House will issue a report claiming ‘stimulus' jobs “saved or created” on a state-by-state basis:
“The trillion dollar ‘stimulus’ isn’t working, and no amount of phony statistics can change that. The President and his economic team promised the ‘stimulus’ would create jobs ‘immediately’ and unemployment would stay below eight percent. But America has lost more than three million jobs since then, and the unemployment rate is nearing double digits. After promising earlier this year that 90 percent of the ‘jobs created’ would be in the private sector, the White House's announcement today shows that the 'stimulus' has only grown the size of the government payroll.
“While Washington keeps spending and piling more debt on the backs of our children and grandchildren, out-of-work families keep asking, ‘where are the jobs?’ Republicans have proposed better solutions to help small businesses start creating jobs again. It’s time for Democrats in Washington to work with us on common sense solutions to help small businesses struggling in today’s economy.”
Kensei Note: Earlier today, Boehner released a memo
he received from Dr. Allan Meltzer, a highly-respected Carnegie Mellon
economist, about the fallacy of these jobs ‘saved or created’ assertions
In it he states:
"There is no greater recognition of the failure of the stimulus program to create jobs than the efforts to mislead the public into believing the program had saved thousands, or millions, of jobs. One can search economic textbooks forever without finding a concept called “jobs saved.” It doesn’t exist for good reason: how can anyone know that his or her job has been saved?"
Kensei Note: Here is the video released by House Republican Leader John Boehner on July 1st, 2009 called "Bloodhounds" it seems that there were no jobs created then - and none now.
Political Tracker: Additional articles on - House Republican Leader John Boehner
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