132 American Economists Say GOP Jobs Strategy Better Than “Stimulus” for Job Creation in Both Short- & Long-Term
House Speaker John Boehner (R-OH) today released a list of 132 American economists who believe the job creation strategy used in the House GOP Plan for America’s Job Creators will do more to boost private-sector job growth in America in both the near-term and long-term than the “stimulus” spending approach favored by President Obama.
"This list underscores the need for immediate action on the now-22 bipartisan jobs bills passed by the Republican-led House that are awaiting a vote in the Democratic-controlled Senate," Boehner said. "All 22 of these bills passed the House with bipartisan support, but to date have not been brought to a vote by Senate Democrats. To help support job creation in both the short-term and long-term, we need bipartisan action to halt unnecessary government regulations and fix the tax code to help private-sector job creators. Our plan does that. The Senate needs to pass these 22 bills and send them to the president’s desk."
Last month, Boehner asked a group of economists across the nation: which do you believe is more likely to provide a boost for private-sector job growth in America in both the near- and long-term: a plan focused on billions of dollars in additional “stimulus” spending by government – or a plan focused on halting excessive government regulations and fixing the tax code to help private-sector job creators? A total of 132 economists indicated they clearly favor the latter strategy. The list of 132 economists includes experts from Stanford University's Hoover Institution, Carnegie Mellon University, and Harvard University; economists from the American Enterprise Institute (AEI), the Manhattan Institute, and the American Action Forum; and many others.
On Friday, in response to the U.S. Department of Labor's announcement that October 2011 marked the 33rd consecutive month in which the national unemployment rate exceeded eight percent, Boehner asked President Obama to prod the Democratic-controlled Senate for action on the stalled jobs bills. Boehner and other Republicans have called for President Obama to be more engaged in the legislative process this fall and less focused on his re-election campaign.
"I urge the president to call on Senate Democrats to bring these common-sense jobs bills to a vote," Boehner said. "As long as these bipartisan jobs bills are stalled in the Senate, it is unacceptable for the White House to be anything less than 100 percent engaged in the legislative process.”