RNC Statement on President Obama's Economic Speech in New York

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

“For the average American, the best measure of the economy is whether or not they have a job so they can pay the mortgage, make the car payment and put food on the table. For more than 3 million Americans who have lost their jobs this year, the president’s policies have been a failure. His $787 billion stimulus bill has led to wasteful spending and hasn’t created the jobs he promised. And every time he has wanted to expand the government’s influence over the economy and our daily lives, from his takeover of GM and banks to his proposed government-run takeover of our health care, it has meant spending more money we don’t have and digging America deeper into debt. Those are the real results of the president’s experiments on our economy, and no amount of speeches will convince the American people otherwise.”