GOPAC Chairman Frank Donatelli shared the following statement today in response to the U.S. Labor Department’s report that the economy added 236,000 jobs in February 2013 and the national unemployment rate dropped to 7.7%:
It is good news every time we add a new job to the economy, and this month’s report is certainly positive.
We need many more months creating even more jobs if we are going to make a major dent in an unemployment rate that is still far too high.
The president’s tax rate increases, capital gains increases and payroll tax increases are suffocating job growth. There are millions of Americans who aren’t employed today, who should be employed today, if President Obama would free up American workers by lowering tax rates and getting rid of burdensome regulations. Instead, the recovery under this Administration’s policies remains the most sluggish since World War II.
There are many states whose unemployment rates are far below President Obama’s national rate. It would serve us well if he would pay close attention to the Republican governors and state legislators who are succeeding at creating jobs and follow their example. The livelihood of 12 million unemployed Americans depends on it.