U.S. Sen. John Barrasso (R-Wyoming) delivered the Weekly GOP Address today. Following the awful jobs report yesterday Republicans bash President Obama for having the worst jobs record of any President since World War II.
In the Weekly Republican Address, U.S. Sen. John Barrasso (R-Wyoming) says, “The undeniable truth is, President Obama is on track to have the worst jobs record of any President since World War II. When the President was hyping his so-called stimulus program, his economic team claimed unemployment would not go above 8 percent… Instead, it’s been higher than 8 percent for 43 straight months.”
Here is a partial transcript:
“The reality is that America is not better off than it was four years ago.
“Today, 23 million Americans are unemployed or underemployed. Many are our friends, neighbors, and family members.
“The undeniable truth is, President Obama is on track to have the worst jobs record of any President since World War II.
“When the President was hyping his so-called stimulus program, his economic team claimed unemployment would not go above 8 percent, and that it would be below 6 percent by now. Instead, it’s been higher than 8 percent for 43 straight months.
“It’s bad enough the stimulus money was wasted. Even worse, he borrowed the money, much of it from China.
“Household incomes have dropped by more than $4,000, while the cost of everyday living has gone up.
“Gasoline prices have gone up another 30 cents a gallon in just over a month. Americans recently paid the highest prices ever on a Labor Day weekend.
“One out of every seven people in America is now on food stamps.
“In terms of global competitiveness, the United States has dropped for four straight years. When President Obama took office, we were number one in the world. Now we’re number seven.
“American businesses are at a competitive disadvantage because our tax rates are the highest in the developed world.
“Americans know what works: low taxes, reasonable regulations, and living within our means.
“President Kennedy understood that. He said: ‘Persistently large deficits would endanger our economic growth and our military and defense commitments abroad.’
“He said that 50 years ago, in 1962. Washington’s budget deficit that year was $7 billion.
“From $7 billion then, to a $1.2 trillion deficit this year.
“For every year since he took office, President Obama has spent at least a trillion dollars more than Washington took in, all of it borrowed.
“Under his watch, government spends too much, borrows too much, and grows bigger every day.
“President Obama’s record of failure has come at a great cost to our country and our future.
“The President’s policies have failed to produce the results, accountability, and solutions the American people deserve. The Obama Administration is simply not moving our country forward.
“It’s been said that, faced with his record, the President has changed his hope and change message of four years ago to one of divide and conquer today.
“More presidential rhetoric, and a plea for more time, won’t heal our economy.