This morning, the Bureau of Labor Statistics reported that the national unemployment rate rose from 9.7 percent to 9.9 percent in April with 290,000 jobs created throughout the month.
Every month when these numbers are released we are again reminded of President Obama’s promise that the unemployment rate would not rise above 8 percent if the so-called stimulus plan were enacted. A trillion dollars and more than a year later, unemployment rates are still hovering around 10 percent.
Certainly, any positive job growth is good news. But my concern is that this is not long-term, sustainable job growth. Many of these jobs are temporary Census positions that will be over in a few months. As Americans get back into the job market, there need to be permanent jobs for them, permanent jobs that come from small businesses. These are the same small businesses that are being burdened by new taxes and increasing levels of uncertainty from the federal government.
The Democrat’s relentless spending spree is jeopardizing our nation’s economic recovery. The American people are tired of Washington playing fast and loose with their hard-earned tax dollars. It’s not honest, and it’s not fair to our children and grandchildren who will have to pay for all this spending. The extreme events in Greece and the threat of yet another bailout are just an example of what can happen when a country racks up massive debt on its credit card without the ability to pay for it.
The federal government needs to focus on decreasing this uncertainty by saying no to policies that will add new taxes and mandates and restrict credit so that small businesses can begin hiring. Decreasing uncertainty also starts with decreasing the federal budget deficit. House Republicans stand ready to work on policies that will create sustainable jobs, cut federal spending, provide tax-relief for working families and small businesses and bring back fiscal sanity in Washington.