REP. CALVERT STATEMENT ON MAY JOBS REPORT
June 3, 2011
Press Release
The U.S. Department of Labor released employment information today which showed that job growth slowed dramatically in May. National unemployment rose to 9.1%.
"The jobs report released today is frustrating, to say the least," said Rep. Calvert. "It is clear that the policies coming from the White House simply are not working. From the failed ‘stimulus' in 2009 to the rampant spending over the last two and half years, the President has yet to understand that government spending does not create private sector jobs.
"Small businesses, the backbone of our economy, continue to struggle which means they are not able to hire, invest in new equipment and grow. Right now, the best action Congress and the Administration can take is to stop borrowing, spending, and taking capital out of the marketplace. We must also reduce the number of burdensome regulations that create an anti-business environment. Finally, we must reduce the size and scope of the federal government which has expanded dramatically since 2008. I have no doubt that we will find our way out of the current economic recession and be stronger than ever, but we must take the necessary steps now in order to end the cycle of economic stagnation."
###
"The jobs report released today is frustrating, to say the least," said Rep. Calvert. "It is clear that the policies coming from the White House simply are not working. From the failed ‘stimulus' in 2009 to the rampant spending over the last two and half years, the President has yet to understand that government spending does not create private sector jobs.
"Small businesses, the backbone of our economy, continue to struggle which means they are not able to hire, invest in new equipment and grow. Right now, the best action Congress and the Administration can take is to stop borrowing, spending, and taking capital out of the marketplace. We must also reduce the number of burdensome regulations that create an anti-business environment. Finally, we must reduce the size and scope of the federal government which has expanded dramatically since 2008. I have no doubt that we will find our way out of the current economic recession and be stronger than ever, but we must take the necessary steps now in order to end the cycle of economic stagnation."
###