Will Loyal Obama Ally Again Support Tax-Spend-And-Borrow Agenda?
As President Barack Obama prepares to call tonight, in a nationwide address, for a reported $400 billion in new “stimulus” spending – to be paid for later with new debt and job-killing tax hikes – where does his loyal ally, Congressman Martin Heinrich, stand?
Notably, New Mexicans have heard this same jobs rhetoric from Obama and Heinrich for the last several years. Exactly a year ago, Obama promised a “plan that would start putting Americans to work right away.”
And as he helped Obama and his Washington party bosses ram their $787 billion spending binge into law, Heinrich claimed it would create millions of jobs, and his bosses in the Obama Administration claimed it would hold unemployment below 8 percent.
But in reality, the United States has lost 2.4 million jobs since Obama and Heinrich took office, and the country is now in its 31st consecutive month of above-8-percent unemployment.
Now, The New York Times reports that Obama’s latest “stimulus” plan will cost “hundreds of billions of dollars,” and Bloomberg reports that the Obama White House says they “will call on Congress to offset the cost of the short-term jobs measures by raising tax revenue in later years” – in other words, spend the money now, but make Americans pay later with job-killing tax hikes.
“When it comes to jobs, New Mexicans have been listening to the same empty promises from President Obama and his left-hand man Martin Heinrich for the last several years,” said NRSC spokesman Jahan Wilcox. “It’s painfully clear that Obama and Heinrich’s liberal tax-spend-and-borrow economic agenda has failed to create the jobs they promised while driving our national debt to $14.6 trillion, and Heinrich will continue to have a very difficult time explaining his failed jobs record to primary voters in New Mexico.”
Background Information:
Martin Heinrich Promised The Stimulus Would “Save Or Create” 22,000 New Mexico Jobs
CONGRESSMAN MARTIN HEINRICH: “Congressmen Martin Heinrich, Harry Teague and Ben Ray Luján voted today to get our economy back on track. The New Mexico delegation joined together to vote in favor of the American Recovery and Reinvestment Act, which will provide significant relief for New Mexico, as part of a broader effort to save and create jobs and rebuild the economy. The American Recovery and Reinvestment Act could create or save 22,000 jobs in New Mexico, including 7,700 in the First Congressional District, 7,100 in the Second Congressional District, and 7,500 in the Third Congressional District.” (Martin Heinrich, New Mexico Delegation Supports American Recovery and Reinvestment Act that Could Create 22,000 Jobs in New Mexico, Press Release, 02/13/09)
The Obama Administration Promised The Stimulus Would “Save Or Create” 3.5 Million Jobs And Keep The National Unemployment Rate Under 8 Percent
“The Obama administration is defending its claim that the $787 billion economic stimulus plan will save or create 3.5 million jobs before 2011 even while conceding that unemployment will likely continue to rise beyond its earlier predictions.” (Stimulus plan will create or save 3.5 million jobs, White House says, Associated Press, 05/11/09)
President Obama’s Economic Advisors Christina Romer And Jared Bernstein Predicted Unemployment Would Not Rise Above 8 Percent If The Stimulus Was Passed. (Christina Romer and Jared Bernstein, “The Job Impact Of The American Recovery And Reinvestment Plan,”1/9/09)
