Political Quotes

On the recordJune 15, 2011
The recent release of the May unemployment rate at 9.1 percent was a harsh reminder that a jobless recovery is not a recovery at all. I believe that in order for our economy to grow and small businesses to create jobs, the first step must be to restore fiscal order to the Federal Government. This year, our government is borrowing 42 cents of every dollar that it spends. In addition to burdening our children and grandchildren with an enormous debt, such reckless spending crowds out private investment and competes with small business for access to capital. While reducing our deficit spending is an important first step to economic recovery, we can and we must do more. Since taking office, President Obama has dramatically increased the regulatory burden on small businesses. In 2010 alone, the administration has handed down 43 major new regulations--the highest single-year increase on record. The President has also used the regulatory process to block development of vast domestic energy sources. This has led to costly burdens that prevent small business growth as well as higher prices at the pump. While regulations can help protect our environment, they should be based on common sense and not stifle growth. Recently, I helped a small manufacturer cut through months of costly Federal red tape that delayed expansion and hiring at his facility in Bucks County, Pennsylvania.…
Said by
Brian Fitzpatrick
Republican · Pennsylvania
Source
govinfo.gov
Jun 15, 2011

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