My home State of Tennessee has an employment rate of over 10 percent. The Tennesseans that I know are very frustrated with Washington. They've lost faith that this Chamber can or will do anything meaningful about jobs this year. They look at Washington and see us living out that maxim: if at first you don't succeed, spend and spend again. They look at us and they said where are the jobs. Now Tennessee's Governor and State legislature have made some very different choices. Instead of expanding the size of government, they scaled it back. Instead of increasing taxes, they've offered incentives for investment. Many in this Chamber say those are policies of the past. Well, in Tennessee, those choices have worked. They attracted over $4 billion of investment in the past 18 months. It is investment that creates sustainable growth and good, solid paying jobs. By contrast, the stimulus program we hear so much about in this Chamber has sent just over $1 billion to the State of Tennessee. At 10 percent unemployment, what do Tennesseans have to show for those stimulus jobs? No jobs and a lot of expensive road signs.
Editor's note · Context
Blackburn addresses high unemployment in Tennessee and critiques federal job creation efforts.
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