Saturday, August 7, 2010

More Jobs Lost Under Obama, Perlmutter Economic Agenda

Washington continues to ignore Colorado families, push for more taxes and increased spending

Wheat Ridge, CO – With unemployment hovering at 9.5%, and a loss of over 130,000 jobs in the month of July, Colorado families continue to struggle to make ends meet. President Barack Obama and Rep. Ed Perlmutter’s (D-Golden) plan to tax and spend our way to prosperity has failed Coloradans, and the American people.
“Washington needs to learn that our economic crisis cannot be solved by reckless spending and higher taxes,” Frazier said. “Everyone in America has tightened their belts – and Washington should be no different.”

Since Obama took office, the United States has lost over 3.8 million jobs – despite almost trillion dollars in stimulus spending Democrats promised would turn our economy around.

“This administration, and its rubberstamp Congress, continue to raise taxes and increase spending at unprecedented levels at the expense of job creation and the American taxpayer,” Frazier concluded. “This shows just how out of touch Perlmutter is with our district.”