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Brady: No Foundation for Sustainable Recovery, says House Economic Leader
WASHINGTON, D.C. -- U.S. Congressman Kevin Brady (R-TX), the top House Republican on the Joint Economic Committee, released the following statement after the Bureau of Labor Statistics reported that the economy shed 20,000 payroll jobs and unemployment dipped to 9.7% in the month of January:
"Unfortunately, more job losses and a small dip in the unemployment rate due to temporary hiring isn't the foundation of a sustainable recovery. From a jobs standpoint the U.S. continues to bounce along the bottom, falling further behind our competitors in Asia, Europe and Canada as our economic recovery struggles under the weight of poor economic policies,” said Brady.
“With monthly unemployment claims rising and an unusually large downward revision of payroll jobs in 2009, the President needs to rethink his economic team, his job-killing budget and his second ‘stimulus’ bill,” continued Brady.
WASHINGTON, D.C. -- U.S. Congressman Kevin Brady (R-TX), the top House Republican on the Joint Economic Committee, released the following statement after the Bureau of Labor Statistics reported that the economy shed 20,000 payroll jobs and unemployment dipped to 9.7% in the month of January:
"Unfortunately, more job losses and a small dip in the unemployment rate due to temporary hiring isn't the foundation of a sustainable recovery. From a jobs standpoint the U.S. continues to bounce along the bottom, falling further behind our competitors in Asia, Europe and Canada as our economic recovery struggles under the weight of poor economic policies,” said Brady.
“With monthly unemployment claims rising and an unusually large downward revision of payroll jobs in 2009, the President needs to rethink his economic team, his job-killing budget and his second ‘stimulus’ bill,” continued Brady.
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