All posts tagged Small Business

More ‘Stimulus’ Sugar Highs or More Jobs?

By Mellie | October 23, 2011 | Uncategorized | 3 Comments

Speaker of the House John Boehner

More ‘Stimulus’ Sugar Highs or More Jobs?

October 23, 2011 \| Posted by Speaker Boehner’s Press Office \| Permalink
While the House prepares to vote on another bipartisan element of the president’s jobs plan this week, President Obama is out touting more of the same failed “‘stimulus’ sugar highs.” The House is focused on finding common ground between both parties and removing government barriers to private-sector job growth. The jobs bill tracker on jobs.GOP.gov follows House-passed jobs bills and highlights where they are in the legislative process. Check out the jobs bill tracker here and learn more below: More ‘Stimulus’ Spending is No Substitute for Pro-Growth Policies That Help Create Jobs Republicans, as promised, continue to act on portions of the president’s economic proposals. But more ‘stimulus’ spending is no substitute for Republicans’ pro-growth jobs plan which will help build a lasting environment for private-sector job creation. Learn more about it here. This week, the House will vote on another bipartisan element of the president’s plan: repealing the IRS three percent withholding tax. The Ohio Manufacturers Association called on the Senate to approve the House-passed TRAIN Act, bipartisan legislation stopping new government regulations that threaten to destroy hundreds of thousands of jobs and raise energy prices on families and small businesses. Here’s a closer look at some of the House-passed bills still stuck in the Senate — jobs bills that stop excessive government regulations, expand American energy production, and more. The ‘Stimulus’ Didn’t Work Last Time & More “Short-Term” Policies Won’t Work This Time Republicans agree with parts of the president’s jobs plan and are working to enact them into law. But other aspects are a rehash of the last failed ‘stimulus’ spending plan. Here’s a look. FactCheck.org caught President Obama exaggerating the impact of his new ‘stimulus’ plan. Remember, the White House predicted the last “stimulus” would keep the unemployment rate below eight percent; instead, we’ve lost 1.2 million jobs since it was enacted in 2009. Peter Orszag, former Office of Management & Budget (OMB) Director, admits “the Obama stimulus program” in 2009 “was absolutely wrong in structure,” casting doubt on the need for more of the same. Another former White House advisor, Austin Goolsbee, says he wouldn’t support more “short-run stuff” either like the “cash for clunkers” program. Stanford economist John B. Taylor says more temporary measures like those proposed by the president “will not jump-start the recovery, which is what is needed to really reduce unemployment.” Be sure to stay connected with the Office of the Speaker on Facebook, Twitter, Flickr, YouTube, Speaker.gov, and more. Until next week, thank you! - Speaker Boehner’s Press Office
SPEAKER PRESS OFFICE REP. JOHN BOEHNER (R-OH) H-232, THE CAPITOL (202) 225-0600 \| SPEAKER.GOV

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