Tom Cotton on Economy and Jobs from his website: Beware of - TopicsExpress



          

Tom Cotton on Economy and Jobs from his website: Beware of politicians who promise to create jobs, because only businesses and entrepreneurs—not politicians—can create jobs. What government can and should do is ensure a free-market, job-friendly environment where businesses and entrepreneurs have the certainty and incentives to invest, innovate, grow, and hire. In Congress, I will support pro-growth policies that give the private sector the confidence and certainty to start hiring again. Job creators need a tax code that is permanent, fair, and simple with low rates. They need federal bureaucrats to get off their backs and stand by their sides. And they need a federal government that doesn’t spend, borrow, and inflate its way to bankruptcy. By contrast, President Obama’s failed policies have attacked and undermined the private sector for years. The Obama stimulus blew a trillion-dollar hole in the federal budget even as unemployment continued to skyrocket—to over 10%, despite promises that the stimulus would keep unemployment below 8%. Now, President Obama wants to double down with nothing more than Stimulus II: bailouts for public-employee unions, temporary tax cuts that create debt and not jobs, and more crony capitalism. I will oppose President Obama’s statist policies and work to repeal job-killing laws like ObamaCare and the Dodd-Frank financial-regulatory bill.
Posted on: Fri, 23 Aug 2013 20:35:19 +0000

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