WSJ: What Kind of a Jobs Plan Results in Fewer Jobs?
Democrats' endless spending results in less jobs, even less economic growth
June 9, 2021 - Blog - Press Releases - Select Revenue Measures - Worker and Family Support
“What kind of a ‘jobs’ plan results in fewer jobs?" The Wall Street Journal editorial board asked on Tuesday as yet another study reveals what we’ve been saying : Biden’s infrastructure plan is an economic disaster for our recovery and for American workers.
From the Wall Street Journal: “Sometimes the president calls his next proposed spending blowout an ‘infrastructure’ bill and sometimes he calls it a ‘jobs’ program. The Biden plan may end up destroying plenty of both."
KEY TAKEAWAYS:
If we want to rebuild families and the economy, it’s time to stop Democrats’ endless emergency spending.
* The Tax Foundation reports that Biden’s tax-and-spend spree would result in 101,000 fewer U.S. jobs.
* Our analysis shows that the average family of four will already receive $109,048 in COVID government checks by September of this year, yet Democrats continue to push for endless emergency spending. What American families really need are to be reconnected with good-paying jobs, not endless government checks.
READ: ANALYSIS: Family of 4 Getting $109,048 in COVID Government Checks Already Approved by Congress
President Biden is on track to break the Obama-Biden record for the worst economic recovery in history.
* With two consecutive jobs reports falling short of expectations, President Biden’s attack on American jobs and obsession with emergency spending and endless government checks is holding back our recovery.
* An analysis from the University of Pennsylvania’s Wharton School finds that Biden’s plan will reduce U.S. economic growth, capital stock, wages, and hours worked over the next decade.
READ: HELP WANTED: Record 9.3 Million Unfilled Job Openings Prove Dems’ Policies Are Failing American People
Democrats’ unprecedented endless spending destines our country for slow economic growth.
* While Republican tax reform helped all Americans and positioned the U.S. to compete and win on the global stage, Biden’s budget lands on the backs of middle-class working families in lower paychecks, sends jobs overseas, and means less investment in local communities.
* A bipartisan majority of Americans agree: right now is not the time to be raising taxes.
READ: Fact Check: President Biden Repeats False Claim That His Plan Would Create 16 Million Jobs
SUBCOMMITTEE: Worker and Family Support SUBCOMMITTEE: Select Revenue Measures
