Communications

“But I refuse to leave our children with a debt that they cannot repay -- and that means taking responsibility right now, in this administration, for getting our spending under control.”  -President Barack Obama, Fiscal Responsibility Summit, February 23, 2009 

That was at the beginning of this year, the start of his administration.

How did he do?

Not so great. This year’s deficit is expected to reach $1.5 trillion and the administration projects the deficit will remain above $1 trillion in 2011.

Now the Congress is faced with the task of paying the bill and raising the debt ceiling. Politico reports the “increase could be as high as $1.8 trillion — nearly twice what had been assumed in last spring’s budget resolution for the 2010 fiscal year.” 

Despite all this the president recently announced we would have to spend more to take another stab at creating jobs. And while the president didn't address costs, Democrat Steny Hoyer puts the price tag of Stimulus II at between $75 ... more

Over the weekend White House senior adviser Valerie Jarrett dismissed talk of a second stimulus but then went on to describe several measures aimed at creating jobs.

Last week House Speaker Nancy Pelosi announced that House Democrats would host an economic forum, “focusing specifically on the creation of jobs.”

And recently the White House invited Speaker Pelosi and Senate Majority Leader Harry Reid over to discuss ways to promote job growth.

"The president, leader Reid, and I all agree that we must respond to the urgent need to promote the creation of good jobs, rebuild our work force,” Speaker Pelosi told reporters after the White House meeting.

But haven’t the Democrats insisted all along that the recovery act passed in February has been creating jobs?

Despite their best attempts to convince Americans otherwise, Democrats must see what we see in the government’s monthly job reports, that the “stimulus” is not stimulating job growth.

Any true economic stimulus measures aimed at ... more

VP Biden drops into Minnesota later today to raise some money for the DNC.

Minnesotans who pay the price of admission ($15,200 per couple) should take the opportunity to ask the VP about the Democrats’ tax on medical innovation that threatens tens of thousands of jobs.

Today’s Minnesota Star Tribune notes an RNC Research piece detailing the proposal, $38 billion in new taxes on an industry which employs 60,000 Minnesotans. See RNC Research here.

Remember when Harry Reid ran for office under the slogan "Harry Reid, Independent like Nevada"?

Well those days exist no longer, if they ever did…

As a new RNC radio spot points out, Harry Reid is a leading champion of the White House's failed economic policies. Listen here.

The result in Nevada is a 13.2% unemployment rate.

And now Senator Reid is bringing in VP Biden to brag about it.

In the words of Chairman Steele, "The people of Nevada deserve an explanation from Senator Reid – not Vice President Biden’s rose colored projections, on when this so-called stimulus experiment will actually start putting Nevadans back to work.” 

Asked by the White House press corps about the probability that Thursday’s report of jobs “saved/created” will not square with White House predictions, Robert Gibbs said, “We’re not worried about whatever discrepancy it is you’re trying to make into a much bigger story.”

This isn’t the first time the White House has disregarded simple math in their quest to justify bad economic policy.

In February, the president promised, “Over the next two years, this plan will save or create 3.5 million jobs.  More than 90% of these jobs will be in the private sector.”  Watch here.

But government data reported that the economy was actually losing jobs rather than adding them. 

So, Jared Bernstein, chief economic advisor to Vice President Joe Biden, explained that the White House was projecting what the level of employment would have been if the stimulus had not passed in February.

However, the government’s official job counters could not lend support to this new math.

When asked whether the ... more