Today, the U.S. Department of Labor reported that the economy lost 36,000 jobs in February and the national unemployment rate remains at 9.7 percent. House Small Business Committee Ranking Member Sam Graves (R-MO) released the following statement:
"These disappointing unemployment numbers should send another clear message to the Administration and Majority leaders that their unsustainable policies of bigger government, higher debt and soaring spending continue to have a detrimental effect on our economy.
Although the White House has tried to blame winter storms for another month of record job losses, the American people are not fooled. They know that Washington's misguided plans for a government takeover of health care and a national energy tax are really at fault for the stalled economy.
American businesses cannot thrive when faced with the constant threat of more taxes, regulations, and government intervention. In order to spur job creation, we need a new direction in Washington. It is time for Congress and the Administration to work together to craft common sense, sustainable policies that will encourage job creation and put our economy back on the path to prosperity."