(CNN) – Republicans are taking aim at their Democratic colleagues over the latest jobs report indicating unemployment has risen to 9.5 percent, calling it evidence the massive economic stimulus bill pushed by President Obama earlier this year has not worked.
"Today's employment report reminds us that spending, taxing, and borrowing with reckless abandon is no way to create more jobs, yet that is exactly what Democrats in charge of Washington have done all year long," House Minority Leader John Boehner said in a statement. "Middle-class families and small businesses are hurting, and they're looking to Washington for real solutions that won't raise their taxes and drive future generations into even deeper debt."
The National Republican Congressional Committee also released a statement noting Obama administration officials once claimed the stimulus bill would contain the unemployment rate under 8 percent.
"Where are the stimulus-created jobs?" the NRCC asks.
So, Mr. Boehner, what exactly do the Republicans propose? I recall that President Obama said it would get worse before it gets better. What is your plan to help, other than to spew fear? The problems that the United States are faced with didn't just start during this administration and there was nothing done, absoultely nothing, during the previous administration. Now, President Obama is being blamed at every step he takes to try to dig the United States out of this deep, deep hole. Shame, shame, shame!!
?????? I love it. Ask those families who paying 35% of COBRA how well they like the stimulus. Or those states grappling with deficits? Or me, who is getting a refi from 6.625 to 5% from his lender at no cost. And I'm not underwater.
Where was this talk of debt when we started spending $12 billion per month in Iraq? Did no one have children then? Why are these Repubs so quick to put children in harms way through war, but raise the flag for money? Employment is a lagging indicator and everything I read at the beginning was pretty clear that we would hit 10% by the end of the year.
The most efficient company in the world has to staff up to spend money, train the people, and make them productive. That takes time.
The Repubs are only interested in sounding the alarm for sound bites. Boehner should be asking why his "family values" party find it so hard to live by those values.
The rise in unemployment is no surprise at all.
Governments never think past the immediate effects of what they do. They never consider long-term or secondary effects. In the case of the so-called "stimulus' measures, the government basically decided to spend money it didn't have in order to increase what economists call "the velocity of money." What they utterly failed to consider was that people and corporations aren't dumb and knew very well that the government didn't have the money it was spending and therefore spending it was inevitably going to lead to some combination of higher taxes, higher inflation (which can be an insidiously indirect form of taxation), and high debt load. Knowing the strongly adverse economic effects of these factors, businesses, far from being "stimulated" are hunkering down, deferring or reversing expansion plans, and planning for either a prolonged period of economic hardship.
This is what happens when the 800-pound gorilla of government gets loose in the economic china shop–disaster.
In 6 months you expect it to get better ? It would have been much worse if the money was not spent . Who cares anyways you people want the President to fail. America is
Financial disasters like this one don't happen overnight. This is 8 years of Bush neglect and his obsession with 2 illegal wars. Need I remind you that the debt for this country doubled under Bush ($5.5 trillion in 2000 to $11 trillion in 2008, all over two wars that never should have been).
I'm from Ohio. What's left of the Republicans in this state will be voted out in 2010 and 2012.
After the Republicans lead us to the worst economy since the great depression their plan was...? Trickle-down economics and do nothing, it will fix itself somehow while resisting all new industry regulation.
The stimulus is providing some jobs and I think will push the economic recovery much sooner. As to other spending, yes it stinks we had to do it but does anyone really think the economy would be better today if AIG, several banks and the entire auto industry had collapsed?
Yes, things are still bad but they could have been even worse. We are not immune from another great depression.
Republicans should go to a corner and keep quiet at this point. To expect a turnaround in 7 months something that took 8 years to do is unrealistic. Funny that Boehner is calling for jobs now where he has said no at every opportunity to vote to get money out there. Memory loss much Mr. Boehner?
The stimulus was a huge disaster...as we can see now but don't worry the real pain is yet to come from the fiasco package this congress ans administration crammed down the throats of the American public. Shame on you, Barack Obama...sound familiar...and shame on this congress for riding the bandwagon of an unproven president's ignorant approval ratings...oh they are slipping now too funny how you are starting to see more Dems in congress opposing Obama's policies now...Can't wait to see the benefits coming my way from the Cap and Trade future fiasco and I am so excited about the Healthcare idea. America get ready to be a third world country and soon!
i'm really surprised that people haven't figured out why we are hurting so badly. when the repukes lost the election in november, the rich decided to teach us all a lesson. that lesson is, vote us out of power to steal, lie, and cheat, we will put you out of a job. when did this start happening? when did this really gain full momentum? why is this still going on? when are some people predicting the end? i would rather lose my job, than vote republican.
Do we need to remind that side once again that this mess was started with the last president. It took many many – too many years to get us here and yet- the party of no thinks we can fix it in what- 6 months? Their affairs last longer than that!!!
I was looking forward to commenting on this very thing. SO easy for the GOP to complain about the jobless rate! They are not the ones dealing with the Bush Disaster!
President Obama has been in Office for SIX months! When Obama took Office the jobless rate was .......... 8%!
The Bush Disaster started early in 2008, and continues today. Federal Reserve chairman Ben Bernake calls it the "Great Recession"!
WHY is the GOP criticizing Obama, other than for their own egos?
(excuse the yelling) THE BUSH DISASTER DID NOT HAPPEN OVERNIGHT NOR WILL IT BE SOLVED OVERNIGHT!
AMERICA HAS BEEN THROUGH DEEP RECESSIONS BEFORE AND WE WILL RETURN TO PROSPERITY! IT TAKES TIME.
AGAIN, OBAMA HAS BEEN IN OFFICE .......... SIX MONTHS!
Still waiting for what the Republicans would proposed instead.
The stimulus isn't going to curb unemployment in the short term. The people who are still making money just aren't spending it.
The infrastructure and alternative energy investments in the stimulus bill, however, will provide a stable base for economic growth in the long term. But by that time, the fickle voter will have put the Republicans back into power and they will take all the credit for it.
We need to pass this stimulus package fast(dont read it just vote yes) or unemployemnt will reach 10%....Oh wait my bad
Obama promised....clearly the facts are skewed.......don't believe the truth, only what Obama says then our problems will go away......cuz he said so!!!
Oh Please. These people are desperate. They jump out with this every time the employment numbers come out. Give the plan time work.
Middle class families are indeed hurting AND THEY CAN'T GO TO THE DOCTOR TO SEE WHAT IS WRONG!
Health Care Now!
Instead of spending so much time looking for things not to work Repugs need to spend more time trying to figure out how to help the President make things work.
They are useless.
Unemployment, like John Boehner, is a trailing indicator.
The Republicans forget they haven't done much of anything since Obama was elected to improve our economy.
Bullies are cowards, cowards are bullies.
The Republicans fall into this category.
It ain't Obama's Recession yet, Bo ner.
BTW, why does the fat map look like a a Red State map?
Doesn't the unemployment rate always lag a year or two after economic changes? Something to consider.
Happy to hear bad news, eh party of No?
Maybe you guys and Glenn Beck can gopray for Obama to nuke a city some more. AntiAmericans, and on 4th of July too.
Is anyone really surprised the massive spending didn't work? Anyone with half a brain could have told them it wasn't going to work. Spending billions on pork projects and temporary jobs is NOT going to stimulate anything. Has Obama ever run a company? Now we the taxpayers are going to be paying for another massive Obama failure.
And there was some other encouraging job news Thursday.
In a separate report, the department said the number of newly laid-off workers filing applications for unemployment benefits fell last week to 614,000, in line with economists' predictions. The number of people continuing to draw benefits unexpectedly dropped to 6.7 million.
American need to start reading other articles with more reporting then with CNN likes to report.
Repubicans just like to point out the bad news of the report – THESE HYPOCRITES are making me sick with their half truths.
Ok I was wrong....Obama is not being completely upfront with us.....so just give me healthcare for "free" then I'll believe ..............