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Saturday, July 16, 2011

postheadericon President, Congress must work together for America

In a disturbing sign the economy may be backsliding, the national unemployment rate just rose to 9.2 percent due to anemic job growth. In June, only 18,000 jobs were created, on top of a meager 54,000 new jobs in May. This contrasts sharply with the 178,000 jobs created in April -- evidence the recovery is struggling for traction.

Small businesses have traditionally been responsible for creating the vast majority -- up to 70 percent -- of all new jobs. Yet, in March, the U.S. Census Bureau reported that small business start-ups, a key source of new jobs, declined by 17 percent.

The president and Congress need to re-dedicate themselves to the American people's highest priority: revitalizing our economy.

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