Tuesday, September 13, 2011

Fast Facts: Obama’s Failed Stimulus, The Sequel

Then: Shortly after taking office, President Obama promised his $825 billion stimulus would “save or create more than 3.5 million jobs.”

Now: Last week, President Obama said his latest $447 billion stimulus “answers the urgent need to create jobs right away.”

However: One economic indicator after another – job creation most importantly – shows the President’s first stimulus failed.


Instead: President Obama should abandon the failed policies of more taxes, more spending, and more debt and work with Republicans to:
·         approve the free trade agreements currently sitting on his desk;
·         put an end to job-killing regulations that are holding employers back; and
·         enact permanent pro-growth tax policies that provide certainty for job creators.

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