For several years, the U.S. economy has lagged badly - and the policies advocated by President Obama have not helped.The failed $800 billion stimulus, Obamacare, Dodd-Frank, and the explosion of new regulations have combined to put a stranglehold on our economy.
As the former owner of a plastics manufacturing business that I helped build over the span of 31 years, I know firsthand how a high level of uncertainty causes businesses to delay action. Business owners and managers need to feel confident that the rules of the game won’t change before they are willing to risk their hard earned capital to start or expand their business.
After living under this counter-productive agenda for several years, consumers and businesses simply do not have the confidence they need to spend and invest.
Unfortunately, we can't repeal the additional $5 trillion that has been added to our nation's debt during his tenure, but we can reverse this job-killing agenda. The sooner the better.
Washington cannot create the jobs that America needs to pull out of this depressing economy. Going further into debt to expand government, won’t solve the problem. Economic expansion must come from the private sector.
I will continue to work with my colleagues in both the House and the Senate to pass a real pro-growth agenda that will promote long term, self-sustaining jobs in the private sector. The elements will include a credible plan to limit spending and the size of government, a regulation moratorium, tax reform, a federal hiring freeze, budgetary reform, and a Sunset Committee that will actually begin to eliminate harmful laws and regulations.
The sooner we stop growing government, the sooner real growth and job creation will return to the private sector.
