President Obama’s “Fiscal Cliff” Already “Wiping Out” Jobs |

Last quarter’s paltry two percent economic growth – “too weak to rapidly boost hiring” – is another indictment of President Obama’s failed mixture of ‘stimulus’ spending, excessive regulations, and looming tax hikes.  According to the Washington Post, a new report by the National Association of Manufacturers shows Democrats’ inaction on the “fiscal cliff” is already “hampering growth” too, “wiping out nearly 1 million jobs this year alone.”

Speaker John Boehner said the following about today’s news:

“We need robust economic growth to get our economy creating jobs again, yet the president is still demanding a tax increase that Ernst & Young confirms will hurt small businesses and cost our economy more than 700,000 jobs. 

“House Republicans have passed legislation to avoid the ‘fiscal cliff’ by replacing the president’s sequester, stopping the looming small business tax hike, and paving the way for tax and entitlement reform.  Meanwhile, the president and his party haven’t lifted a finger to solve these problems.  The American people deserve better.”

Here’s a look at each of the House-passed bills Speaker Boehner mentions that help avert the “fiscal cliff” and create a better environment for private-sector job growth:

With President Obama and Senate Democrats threatening to drive us off the “fiscal cliff,” the Washington Post says “companies are bracing for the fallout by laying off workers, letting jobs go vacant and postponing major purchases.”  As Speaker Boehner said, “The American people deserve better.”