On the recordJuly 20, 2010
With the U.S. unemployment rate steadily hovering around 10 percent, Americans continue to ask, ``Where are the jobs?'' The answer to this crisis from congressional Democrats and the Obama administration is, higher taxes, increased government spending, and more government regulation. The passage of ObamaCare, cap-and-trade in the House, and financial regulation has created an atmosphere of tremendous uncertainty, especially among small businesses, which employ over half of all the private sector employees. Uncertainty, as we all know, is the enemy of growth, investment and job creation. The way out of this recession and towards job creation is enact policies that free up capital, reduce uncertainty, and restore confidence in our economy. We cannot do this if the administration and Congressional Democrats continue to impose costly regulations, higher taxes on job creators, and create uncertainty in the marketplace.
