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.
“Another month under the president’s failed leadership has produced yet another month of 8 percent-plus unemployment. With the jobless rate stuck above 8 percent for the past 42 months and a devastating ‘real unemployment’ rate of 15 percent plaguing the nation, Americans are craving new leadership and new policies that get government out of the way of new jobs and a real recovery.
“Slow job growth is sadly not the only symptom of President Obama’s failed policies: the economic growth rate for last quarter was recently downgraded from tepid to minuscule; new business start-ups remain at a 17-year low; the number of Americans on food stamps is at an all-time high; half the nation is currently living in either low income or poverty. It’s no wonder the president has resorted to the politics of diversion, division, and envy in order to distract Americans from his massive record of failure. Our nation deserves so much better.
“While the president and Washington Democrats waste time trying to raise taxes on job creators during the worst unemployment crisis since the Great Depression, House Republicans have been busy implementing our Plan for America’s Job Creators to turn the economy around. Over the past month, we’ve passed legislation to repeal the president’s job-killing health care law, reign in red tape, enforce clarity on the looming sequestration cuts, and stop the automatic tax hike from hitting small businesses at the end of the year. These initiatives join the dozens of House-passed jobs bills still sitting on the doorstep of the Democrat-run Senate.
“The American people have had to suffer under the Obama economy long enough. It is apparent that the easiest way to create the jobs and economic growth we need to make America strong again is with a new president at the helm and I look forward to that day arriving.”