Tax Hikes Are The Wrong Remedy For Unsustainable Unemployment Rates

Statement

Date: Oct. 8, 2010
Location: Louisville, KY

U.S. Senate Republican Leader Mitch McConnell made the following statement Friday regarding another disappointing jobs report from the Bureau of Labor Statistics:

"Americans are speaking out, and they want Washington to focus on jobs. But with each passing month, and each new jobs report, it becomes increasingly clear that while massive Washington spending is growing the size of government, it's clearly not growing sustainable private-sector jobs. The trillion-dollar stimulus didn't live up to promises made by the Obama administration and Democrats in Congress; the massive growth of the federal government didn't result in a similar growth of jobs; and the maze of new regulations, health care mandates and taxes are having a predictable impact on the economy.

"Again and again, Democrats were faced with a problem, and their solution was to ram through some costly, big-government solution Americans didn't want. And now they want taxpayers to pick up the tab. After working tirelessly to expand the reach of government, the Democrat leadership in Congress left town without doing the single most important thing they could have done for jobs: preventing a massive new tax increase on families and small businesses. As a result, all taxpayers are now facing a tax hike--exactly the wrong prescription for turning around the unacceptably high unemployment rate we've seen again today."


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