Political Quotes

Francisco Canseco: When it comes to our economy, one thing is abundantly clear: President Obama's policies have failed. We are experiencing…

On the recordMarch 7, 2012
When it comes to our economy, one thing is abundantly clear: President Obama's policies have failed. We are experiencing the worst stretch of unemployment since the Great Depression, despite a trillion-dollar stimulus plan that the Obama administration said would hold unemployment below 8 percent and despite record low interest rates. The unemployment rate has remained above 8 percent for 36 straight months, and the Congressional Budget Office estimates that the jobless rate will remain above 8 percent through 2014. Almost 13 million Americans are out of work, and the share of unemployed people looking for work for more than 6 months, or the long-term unemployment, topped 40 percent in December 2009 for the first time since 1948 and has remained above that level ever since. Because his policies have failed, President Obama has turned to the politics of envy and division. The only solutions he can come up with involve more spending, more taxes, and more government. These are the policies that failed in the first place. House Republicans have a plan for America's job creators. It's time for the President and Democrats in the Senate to stop blocking our jobs bills. This week, the House will consider the JOBS Act, a legislative package designed to jump-start our economy and restore opportunities for America's primary job creators. These are our small businesses, the start-ups, and the entrepreneurs.…
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Francisco Canseco
Texas
Source
govinfo.gov
Mar 7, 2012

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