Saturday, August 8, 2009

RNC Statement on July Unemployment Report

Washington – Republican National Committee (RNC) Chairman Michael Steele released the following statement today:

“While President Obama was taking a victory lap to celebrate the economy’s performance, more Americans lost their jobs and the budget deficit soared to a record $1.3 trillion in July. In the month of July alone 247,000 Americans lost their jobs, which means more than 2.8 million Americans have lost their jobs since the president took office. The president said his stimulus bill would keep unemployment from rising higher than 8 percent. It hasn’t. Now he expects Americans to believe his trillion-dollar health care experiment will improve their health care? It won’t. America simply can’t afford more of the president’s costly experiments.”