The Hill News

The anemic 18,000 payroll jobs the United States gained last month clearly shows America’s job creators are on strike against President Obama’s failed big government policies. If we want to spur business investment that will create new jobs we must change our fiscal course.

In his 1981 inaugural address, President Reagan said, “government is not the solution to our problem; government is the problem.” Reagan began to reduce the size and scope of the federal government and produced spectacular growth dividends. Over the next two decades, federal spending shrank from 22 percent to 18 percent of our economy, and the United States created 37 million private payroll jobs.

Since 2001, Congress has allowed federal spending to expand once again to 24 percent of our economy. Not surprisingly, the United States has lost 2.7 million private payroll jobs since then. Since 2009, when the Obama stimulus was enacted, the United States lost 1.3 million priv! ate payroll jobs. The lesson is clear: we must shrink Washington to create jobs on Main Streets around America.

Read more...