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Friday, September 02, 2011

August Jobs Data: Will President Obama Change his Failed Policy Ways?

SBE Council President & CEO Karen Kerrigan issued the following statement in response to today's dismal jobs report:

"As long as President Obama continues to push for more regulations, higher taxes, empty 'incentives' and ineffective spending programs there will be no meaningful reduction in unemployment for the remainder of his first term. Small business owners -- those folks who create the jobs -- have been telling the White House time and again that intrusive government, higher taxes and more burdensome regulations will raise their costs and keep them from hiring.

"President Obama claims to be in listening mode, but the pleas of business owners are falling on deaf ears. His Administration continues to crank out regulations at a record-breaking pace while pushing for higher taxes. The White House policy shop reminds me of that definition of insanity -- doing the same thing over and over again and expecting different results. The grim jobs and economic news will continue as long as President Obama keeps doing the same thing.

"There is still time to not only listen to small business owners, but implement their priorities and solutions. President Obama must stabilize taxes, reign in the regulatory agencies and undo the damage caused by his health care and financial overhaul laws. Current policies are sucking capital and confidence out of small business owners, and it is time to make drastic changes to his policy agenda."

SBE Council Staff Post

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