Dems' Job-Killing Policies Highlighted at House GOP's "Where Are The Jobs?" Roundtable

GOP Leader: The biggest problem that we heard from our economists with regard to why employers arent hiring is all the job-killing policies that are being offered by this Administration and this Congress.

Washington, Dec 3 -

WASHINGTON, DC Shortly after wrapping up todays Where Are The Jobs? economic roundtable, House Republican Leader John Boehner (R-OH) was joined by leading economists to discuss how Democrats job-killing policies are making matters worse for struggling families trying to find work and make ends meet. Following are excerpts from their remarks:

House Republican Leader John Boehner (R-OH):

Its been our pleasure to meet with a group of noted economists to talk about our economy, where it is today, the problems its facing and potential solutions to help get people back to work. Its no secret that unemployment is now over 10 percent and three million Americans have lost their jobs this year alone. And the biggest problem that we heard from our economists with regard to why employers arent hiring is all the job-killing policies that are being offered by this Administration and this Congress and creating an awful lot of uncertainty for American employers.

Doug Holtz-Eakin, President of DHE Consulting, On The Impact of Unsustainable Debt:
I think the underlying theme of everything the Administration and the Democrats are pursuing right now leads to greater national debt. We know that the Congressional Budget Office looked at the Administrations plans and it says that over the next 10 years we will triple our national debt. We will arrive 10 years from now with an economy that has presumably recovered, with a financial crisis that is only a memory, with revenues that are above their historic levels, but nevertheless the federal government will be running a trillion-dollar deficit, nearly $800 billion of which is necessary simply to pay debt on previous borrowing. In the end, job creation in the United States is something that small businesses, entrepreneurs and the private sector will do. But they cannot do it if they are burdened by a legacy of debt and the prospect of higher taxes to pay off that debt. And that is the most troubling aspect of the policies this administration is pursuing.

Diana Furchtgott-Roth, Senior Fellow at the Hudson Institute, On The Impact of Job-Killing Tax Increases:
Whats really discouraging to me is the extent to which congressional bills, potential legislation in front of us would raise taxes on our most productive small businesses. The top tax rate is scheduled to go up to 39.6 percent on January 1, 2011. Under the House health care bill, it would go up to 45 percent, plus there would be an eight percent payroll tax on employers who dont provide the right kind of health insurance, a catastrophic health insurance program, where the health savings account does not make the grade, so you get an eight percent tax. Plus, theres the cap-and-trade legislation that would raise taxes on all forms of energy. Now, if youre a small business, you wouldnt think about hiring under these circumstances, if you dont know what your tax rates going to be. In all these, theres tax revenue taken from the private sector, taken from small businesses. That is also a transfer, where people cant spend that money themselves. So that diminishes all the economic activity throughout the entire economy. And these kinds of things, of course, discourage job creation. And that needs to be fixed now. There needs to be certainty taxes will not rise so businesses have certainty and they know that they can proceed with confidence to hire more workers.

Kevin Hassett, Senior Fellow and Director of Economic Policy Studies at the American Enterprise Institute, On The Poorly-Designed Trillion-Dollar Stimulus:
The President is having a jobs summit today because the stimulus package didnt work. The stimulus package didnt work because it was so incompetently designed. To put it in perspective, the Administration claims that theyve created about 640,000 with the stimulus package. That amounts to $1.2 million per job. If instead of doing the Administrations stimulus package, we had just hired people, given them jobs and paid them the average wage in the United States, then we would have created 21 million jobs. Wheres the multiplier? Ill tell you where the multiplier is. The multiplier is lurking in the background, waiting for sound and prudent policy. I can guarantee you that such policy is not going to be created by the team that give you the previous stimulus bill, the team thats meeting at the White House today.

Category:

News & Politics

Tags:

• House
• Republican
• Leader
• John
• Boehner
• Where are the Jobs?
• Economic
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• Speaker
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• Pelosi
• President
• Obama

[cpgne]

As an employer, I will not hire when faced with the massive uncertainty created by the present administration. Our President signed the biggest spending bill in history, without reading it, and then went on vacation the next day. This type of leadership does not inspire confidence to risk takers, i.e. employers. So the liberal fan club can report all they want how rosy things are, but sooner or later the reality becomes undeniable.

[jovidman69]

Dems raise the debt limit by another trillion dollars during yet another rare Saturday session. Step right up Dems, it's an all you can eat smorgasbord, and you don't have to pay until next November. Eat up, PLEASE!

[CraigMetalHead]

@WarriorTrtle1 And whos side do you think the rest of the planet will be on? Europe, who the right-wing of America slates as a Socialist, Marxist den of filth every chance they get, isnt going to help the right-wing of America... with Europe on the Lefts side China will follow suite (if they decide to get involved at all) because with Europe helping the Left of America that means the Left would win so the Left is Chinas only hope of getting its money back. Oh and learn what "Marxist" means.

[CraigMetalHead]

Right... so, where are the actual video clips showing anything any Democrat said?

Oh its just you, a known liar, and you cronnies making shit up and smiling like the smug cunts that you are while thinking about how you pulled the wool over everyones eyes yet again and how rich you are gonna get.

This is the same as me making a video proclaiming YOU sent me an e-mail claiming you are the son of Hitler and want to recreate the Nazi party without showing any relevent footage. Bullshit.

[cutlassburnin]

If the reps win Its all over, every single one of these guys is owned by corporations. What did deregulating the banks do? Job growth plummeted under bush yet slowly raised under obama.

[stringlov]

It's Time to Tax the Rich make USA no.1

[justonefirefly1]

WUSSY CRYBABY COWARD LYING BONER

KILLED 5000 AMERICANS LYING ABOUT WMDS

FUCKING LIAR

[peanutbutter1jam]

AIE is a made up chicken crapp

[whatchaknow100]

yeah this is hope ,bonner teaching his kids how to hate poor people and the rest of those sick bastards ,yeah its hope ,knowing that our former gop vice president stole 180 million dollars from nigera ,yeah its hope knowing that you bastard would let hugry children starve to death cause of these hateful bastards ,teaching thier kids to hate kids who dont have anything to eat too ,calling those poor kids animal and bonner treating them that way

[sigmiami]

Obama is out in two years!!! wooohooo! nananana nananana hey hey hey goodbye - gop house house!!!!! now there is a glimmer of hope

[sigmiami]

NO more Obamanomics, his stimulus package is the biggest failure ever seen