President Obama’s Summer Economic Stimulus Recovery plan has failed.
The national unemployment rate increased to 9.6 percent in August. The private sector is fed up with Obama’s big government tactics.
“The private sector has uniformly rejected Obama’s economic policies,” says Bill Wilson, president of Americans for Limited Government (ALG). “Big government policies have done nothing but crush job creation and hurt the free market.”
ALG collected comments from job-producing organizations in the private sector. Here is what some of them have to say about the increased unemployment rate.
Small Business and Entrepreneurship Council (SBE Council)
SBE Council is one of the most powerful and effective advocacy organizations dedicated to promoting entrepreneurship. The organization works to protect the interests of small businesses.
Raymond Keating, SBE Council’s chief economist, says that after reviewing the most recent unemployment report it clearly shows that “private firms don’t have incentives to go out there and create more jobs.” He went on to say that the “policy climate makes it very difficult for investors, entrepreneurs, and small businesses to jump into the employment pool. All small businesses see right now are increased costs.”
Get full story here.
No comments:
Post a Comment