Washington, D.C.—Today, U.S. Representative Diane Black (R-TN), released the following statement after Senate Majority Leader Harry Reid (D-Nev.) said on the Senate floor “that private sector jobs have been doing just fine.”
“It’s clear that Harry Reid could not be more out of touch. The national unemployment rate has been over 9 percent for too long, and Americans across this country are hurting. I constantly hear from families who are struggling to get by, trying to constantly do more with less.
“And yet just last night, Senator Reid took to the Senate floor to declare that, ‘private sector jobs have been doing just fine.’ Well Senator Reid, tell that to my constituents in Overton County, where the unemployment rate is 10.6 percent. Or Marshall County where 13.8 percent of the population is out of work. Senator Reid thinks that the government can simply spend more money and create government jobs and all will be well. But after billions and billions in government spending all we’ve seen is a bad economy get even worse.
“How many taxpayer dollars will it take for Harry Reid and his cohorts to realize that that government does not create jobs, the private sector creates jobs? For too long, the policies of Washington, D.C. have been a wet blanket on the economy, creating more pain and uncertainty. It’s time to get government out of the way and let the real job creators--small business owners—get the economy going again.” -- Diane Black, District 6, R-Tenn.
Editor's note: understand that private sector jobs are funded by profit; public sector jobs are funded by tax dollars taken from the private sector profits. Without a substantial private sector work force, there can be no public sector employment. In fact, without a substantial private sector work force, there can be no government anything. Public sector workers do not add substantially, to the economy. Minus savings and investments, all of public sector wages go to funding 90% of our economic engine. Gross National Profit is driven by the private sector. As things stand at the moment, 25 million members of the private sector are unemployed (16 million) or underemployed (9 million).
The highest wages ($125,000 per year) in the nation are paid to folks living in D.C. Guess who pays for their salaries? Hint: it ain't them, because government employees do not generate profit. No wonder they are all anti-capitalists. They are all takers. Tax dollars taken from corporate funding, will, of necessity, eliminate the funding of private sector jobs. That is why tax increases during recessionary times is such a foolish idea. And that is not just me saying this. People like Bill Clinton, Mort Zuckerman, the late great Steve Jobs, and on and on, all agree -- now is not the time for tax increases.
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