A Quote by Marsha Blackburn
This majority is working for America, and one of those ways is we have tremendously low unemployment. This economy has created millions of new jobs, and we are expecting growth this first quarter of somewhere higher than 4 percent.
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Even when America's economy has been by all measures healthy and the unemployment rate low, some businesses suffer or fail and lay off workers. But nearly always, a simultaneous and even greater burst of new jobs has been created to offset the jobs lost - millions of new jobs every year.
All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.
Our economy creates and loses jobs every quarter in the millions. But of the net new jobs, the jobs come from small businesses: both small businesses on Main Street and many of the net new jobs come from high growth, high impact businesses that are located all across the country.
Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s.
The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.
In a fair society, the solution to unemployment is not to force people into workfare programmes which do little more than supply big companies with free labour. It's to create jobs that pay a living wage, for example, by investing in new sustainable infrastructure projects and boosting the jobs-rich low carbon economy.
I'm not expecting a big sell-off but I do think that if we don't have a move toward economic growth and policies that will promote economic growth and get us out of this 2 percent world - we really need to see 4 percent, 5 percent - to see jobs created, and if we don't see that longer-term, yeah the market will sell-off...[but] I do think things are getting better. It's just been very slow.
The majority of the new jobs being created require higher skills, more education.
We've seen tremendous progress in many ways under President [Barack] Obama. I mean, if we think about where the economy was when he got in - you know, we were losing more than 700,000 jobs a month. The unemployment rate was skyrocketing. And now it's at under 5 percent, so there is a lot of progress that has happened.
The anti-New Deal line is wrong as a matter of economics. F.D.R.'s spending programs did help the economy and created millions of new jobs.
You don't want to get so distracted, focusing on what the opposition is putting forth that you forget to remind America that the real issue is 8.3 percent unemployment, virtually no growth at all in an economy that has been in shambles for the last four years under Obama.
But if the choice is a cool president and 8 or 10 percent unemployment in a declining economy and a country that seems to be going in the wrong direction and structural unemployment for young people at 50 percent, I'd rather have a dorky president who fixed those problems.
Jobs are disappearing from every sector of the economy, from engineering to health care workers, forcing hundreds of thousands of families into unemployment and low-paying jobs.
As [House] speaker, I came back, working with President Bill Clinton. We passed a very Reagan-like program: less regulation, lower taxes. Unemployment dropped to 4.2 percent. We created 11 million jobs.
People aren't stupid. I mean, people remember in 1990, the unemployment rate was 10 percent. Now it's 4 _ percent. We've got 1/4 million jobs that we've created.
I'm going to create tremendous jobs. And we're bringing GDP from, really, 1 percent, which is what it is now, and if Hillary Clinton got in, it will be less than zero. But we're bringing it from 1 percent up to 4 percent. And I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.
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