Congressman Kevin Brady, Representing Texas' 8th Congressional District
  For Immediate Release  
July 14, 2010

 

White House Economic Team Should Get a Pulitzer Prize for Fiction
House Economic Leader says White House Stimulus Report fails to meet Benchmarks

Washington, D.C. - The White House's quarterly report on stimulus job creation should receive a Pulitzer Prize for fiction. "By a wide margin, the White House failed to meet its own benchmarks for successful job creation," said U.S. Congressman Kevin Brady, the Senior House Republican on the Joint Economic Committee. "Fifteen million Americans are without jobs or much hope for finding one. They know the stimulus failed and they deserve better than this piece of fiction."

The White House economic team promised that their stimulus would lower unemployment to 8 percent, that millions would be back to work by the end of this year because there would be 137 million jobs -- 90 percent of which would be created in the private sector. "Beyond the cherry-picked economic studies and and some wildly exaggerated job creation claims, the White House clearly doesn't want to address the harsh reality that their stimulus didn't work." added Brady.

Ninety percent of Americans in a new poll said they believed this economy is in bad shape and three out of four didn't see it getting any better. "Americans see the stimulus as costing the country 3.3 million private sector jobs not creating or saving them," concluded Brady.

###

 

Return to Press Releases