I fear that we may well be facing a 'job-loss' recovery as U.C.L.A. economist Lee Ohanian recently warned.
Kevin Brady
The Public Record
Kevin Brady is a Republican politician from Texas, best known for his role as a member of the U.S. House of Representatives, where he served from 1997 to 2021. During his tenure, he held significant positions, including Chairman of the House Ways and Means Committee, where he played a key role in shaping tax policy and economic legislation. Brady was instrumental in the passage of the Tax Cuts and Jobs Act of 2017, which aimed to reduce taxes for individuals and businesses. He has also been an advocate for various initiatives related to trade, healthcare, and education.
Today's numbers are bad news for American workers. The unemployment rate has reached 10.2 percent, a 26-year high.
This raises disturbing questions about the claims of the White House, and I think it underscores what we've said all along, that this Administration has lost all credibility about stimulus claims.
The truth is, this is President Obama's stimulus, it is his budget, it is his bailout, it is his housing programs, and it's time, I think, to take responsibility for those actions.
Clearly, we have a problem. Regarding the stimulus claims of 650,000 new jobs created or saved, there have been a series of investigative reports that reveal false reporting and corrupt data.
Even with today's positive news, this is no time to be conducting an end zone dance.
While some may promote the stimulus as the savior of the economy, it is a claim only the Balloon Boy's dad would make.
Forty-nine out of fifty states have lost jobs since the stimulus took effect.





