NRSC Launches New Video Highlighting The Failed Promises & Economic Agenda Of Washington Democrats
Three years ago today, despite an already skyrocketing federal debt, President Barack Obama with the help of liberal U.S. Congressman Martin Heinrich rammed their $825 billion stimulus spending bill into law promising Americans that it would create millions of news jobs
In fact, Heinrich specifically promised the stimulus would ‘create or save’ 22,000 New Mexico jobs, but since the legislation was signed into law, New Mexico has lost over 11,000 jobs because the Obama Administration was determined to spend their way out of this economic crisis instead of targeting the legislation to assist small business owners who are the true job creators of this country.
Notably, the non-partisan Congressional Budget Office (CBO) released a report just yesterday that found that the rate of unemployment in the United States has exceeded 8 percent since February 2009, making the past three years the longest stretch of high unemployment in this country since the Great Depression.
Additionally they project that the unemployment rate will remain above 8 percent until 2014, which is again contrary to the promises of Obama and Heinrich.
“After three years, it’s become abundantly clear that the Obama-Heinrich stimulus, which spent billions of dollars growing the size of government instead of helping small business owners create jobs, was an utter failure,” said National Republican Senatorial Committee (NRSC) spokesman Jahan Wilcox. “With 61,000 unemployed New Mexicans, the Land of Enchantment State deserves better than the tax-and-spend, big government policies of liberal Martin Heinrich.”
BACKGROUND …
Exactly Three Years Ago Barack Obama Signed His Failed $825 Billion Stimulus Into Law
WALL STREET JOURNAL: President Barack Obama signed his $787 billion economic stimulus package into law Tuesday, with an upbeat speech emphasizing the road to recovery. (Laura Meckler, Obama Signs Stimulus Into Law, Wall Street Journal, 02/18/09)
Which Heinrich Promised Would ‘Create Or Save’ 22,000 Jobs
Heinrich Claimed The Stimulus Would Create Or Save 22,000 Jobs In New Mexico. “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. The legislation was passed by the House by a vote of 246 to 183.” (Congressman Martin Heinrich, “New Mexico Delegation Supports American Recovery And Reinvestment Act That Could Create 22,000 Jobs In New Mexico,” Press Release, 2/13/09)
