WASHINGTON – House Republican Conference Chairman Jeb Hensarling (R-Texas) issued the following statement today regarding the latest unemployment report released by the Bureau of Labor Statistics.
“Job growth is not as strong as it can be because job creators are simply not as confident in this economy or its future as they should be. By any historical standard, our recovery should be booming and new jobs should be flourishing by now. Instead, because of the president’s failed policies, job growth is not even keeping pace with population growth as we remain stuck in the longest period of 8 percent-plus unemployment since the Great Depression.
“The only thing that seems to be consistently growing in the Obama economy is uncertainty about our future. The president’s failed agenda is forcing us down a path of historic debt and deficits, historic regulation, and historic tax increases. Instead of helping job creators put Americans back to work, Washington Democrats spent most of the past month flaunting a reckless new tax on small businesses out of a cynical fixation on ‘fairness.’
“One of my constituents recently wrote to me saying: ‘My husband and I own a small business and would be included in the group that is struggling to stay afloat. … We are not greedy people. We enjoy opportunities to help our community, job seekers, and the market in which we work.’ Unfortunately, hardships for job creators and job seekers won’t subside softly as long as America continues down the Obama path of failed leadership, divisive politics, and broken promises.
“Americans deserve better than 14.5 percent real unemployment. Our nation’s young adults deserve better than a 50 percent out-of-school unemployment rate. The House Republican Plan for America’s Job Creators offers a positive new path to jobs and prosperity. Clearly, President Obama is not serious about achieving our pro-growth solutions; I look forward to working with a president who is.”