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For Immediate Release:
August 17, 2009
Contact: Sharon P. Axson (843) 747-4175
 

After Six Months, The 'Stimulus' Has Not Done Its Job

 

Washington, D.C. – Congressman Henry E. Brown, Jr. (R-SC) issued the following statement on the six-month anniversary of the signing of the President’s so-called stimulus bill. Since becoming law, over 2 million Americans have lost work and only 18 percent of Americans say that the trillion-dollar plan has helped the economy.

“Today marks the 6 month anniversary of the Democrat’s $787 billion economic stimulus plan, and in terms of job creation and infrastructure spending, it has not done its job.

Since its signing on February 17, 2009, the American people have been waiting for the “jolt” to the economy and “immediate” creation of jobs that the Administration promised.  We have been waiting so long that my constituents in South Carolina are beginning to wonder if they will ever come.

The President insisted that to save or create up to 4 million jobs, Congress had to support this stimulus. Unfortunately, today, more than 2.8 million jobs have been lost and Congress continues to pass legislation that has added $869 billion in new debt, and will continue to further increase unemployment around the country.

We were told by the Administration that unemployment would rise as high as eight percent without the stimulus, but as we all know, national unemployment is now at nine and a half percent. In my home state of South Carolina it is over 12 percent. 

It’s a shame that, while my constituents are desperately waiting for jobs, the Democratic leadership has made job creation a lower priority than growing government, increased borrowing and ever greater spending.

In the next six months, Democrats must join Republicans in making our number one priority getting Americans back to work.  My constituents are getting tired of waiting.”

Note: A recent Gallup poll, of 1,010 adults nationwide, states that after six months, less than two in ten Americans say they have been helped by the supposedly timely “stimulus”, with 18 percent saying that the economic stimulus plan has made their financial situation better, 13 percent saying that it has made their financial situations worse and 68 percent saying that the economic stimulus has had no effect on their financial situation whatsoever.