American Solutions Calls on Congress to Call an Audible and Focus on ‘Jobs First’ in Response to August Unemployment Report
WASHINGTON, Sept. 4 /PRNewswire-USNewswire/ — Former Speaker of the House and American Solutions General Chairman Newt Gingrich said today in response to the national unemployment rate increasing to 9.7% that “August’s unemployment report should be a sobering reminder that the first goal of government should be getting unemployed Americans back to work. With more than 216,000 Americans losing their jobs in August, Congress should focus on boosting job creation not raising taxes on the job creators.”
American Solutions Chief Operating Officer Dan Varroney echoed Gingrich and said that “history has proved that increasing taxes in the middle of a recession will only add insult to injury. We need to provide small business — the engine of America’s economy — with the right incentives so they can create more jobs and grow their companies. More than 3 million Americans have lost their jobs since January. The administration promised that unemployment would not exceed 8 percent if the stimulus was approved and yet today we stand at 9.7 percent.”
“Now we know why Vice President Biden gave his speech on the stimulus yesterday. If he would have claimed that the stimulus was working on the same day the Department of Labor announces 9.7% unemployment and 216,000 jobs lost in August, nobody with any common sense would have believed him,” said Vince Haley, Vice President for Policy at American Solutions. “After 200 days of the stimulus it is time to face the reality that it isn’t working and we need a new plan to spur economic growth and job creation.”
According to a new Rasmussen poll, 60 percent of Americans believe that tax increases will hurt the economy. The same survey found that 55 percent of Americans believe that tax cuts will help the economy.
American Solutions’ “Jobs Here – Jobs Now – Jobs First” plan begins with four proposed solutions designed to immediately help small business create new American jobs now. They are a 2-year, 50% payroll tax cut, cutting the corporate tax rate to 12.5% to match Ireland, abolishing the capital gains tax to match China, and eliminating the death tax. To learn more about the plan, visit www.AmericanSolutions.com/jobsfirst/.
SOURCE American Solutions for Winning the Future