Press Releases

Excerpts from The Daily Caller

By: Reince Priebus
Monday, May 9, 2011

“According to Gallup, Americans’ confidence in the economy reached a new low for 2011 last week. A mere 34 percent of Americans said in a recent CBS/Times poll that they approve of the way President Obama is handling the economy; the lowest point since he took office.

“It seems even economists are unmoved by President Obama’s anemic economic stewardship. Nearly 80 percent are ‘less optimistic’ about the economy than they were a few months ago, according to a USA Today poll …

“There are consequences to the culture of economic complacency that has pervaded throughout the federal government for far too long. This president in particular remains intent on running up the national credit card and spending money that, quite simply, we don’t have.

“Economic growth is declining while inflation is rising. And, in the arena of the ever-expanding and exceedingly competitive 21st-century global economy, America officially has ‘negative’ credit. Consider for a moment what negative credit means to a struggling family: higher rates, less disposable income and a less optimistic economic future. The same applies to a struggling nation. America – the greatest nation the world has ever known – is on an unsustainable path to bankruptcy.

“Republicans are proposing long-term solutions that will demand long-term change …

“They are putting forth fiscal reforms that seek ultimately to put an end to the era of infinite debt ceilings; an end to the era of putting our financial fate in the uncertain arms of China; an end to the era of spending today with dangerous disregard for tomorrow.

“Beyond the numbers, this is a battle of principle versus politics. Republicans recognize the dangerous stakes of the status quo. They understand that the time for responsible leadership is now. It may not be a debate Democrats want to have, but it is a debate the American people deserve to have.

“Rather than engage, Democrats have opted to obstruct even at the risk of paralyzing the economic future of this country. They are content to follow the president’s lead in mortgaging our financial future on the wings of blank checks, bad credit, and broken promises. They want no restrictions on rising spending, and subscribe to the false notion that we can spend our way into an economic recovery. They will stop at nothing to maintain an unsustainable status quo …

“In political terms it’s difficult to imagine the American people entrusting this president with a second term in order to correct the failed economic policies of his first … For far too long, we have been spending money we don’t have. Today we say the three words that should have been said years ago: enough is enough.”

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