On the recordJuly 26, 2011
On Friday, Dr. Milton Wolf in The Washington Times reported, in the last 2 years, over 2 million private sector jobs have been lost, that unemployment has increased by 1.5 percentage points, that the U.S. dollar is 12 percent weaker, and that the long-term unemployment is the worst ever on record--and sadly, the national debt has exploded by 40 percent. At the same time the administration pushed the failed stimulus spending here, the President urged German Chancellor Angela Merkel to do the same in her country. The Chancellor refused. Now, as a result of her good judgment, Germany's economy has recovered. German unemployment levels are reduced while over 14 million Americans do not have jobs. The President should learn a lesson from the ``German miracle.'' The solution is not for big government to keep borrowing and spending. Tax increases destroy jobs. In conclusion, God bless our troops, and we will never forget September the 11th in the global war on terrorism. Our sympathy to the people of Norway in the religious extremist mass murderers. ____________________
