Americans for Prosperity Responds to December Jobs Report
Unemployment remains stubbornly high at 7.8%
Arlington, VA – Americans for Prosperity, the nation’s foremost advocate for economic freedom, released the following statement from AFP President Tim Phillips:
“The December jobs report is a testament to the resilience of the American people, who continue a slow march to recovery hindered by the Obama administrations’ higher taxation and increasing regulation. Devastatingly, more than 4.8 million Americans have been without work for longer than 27 weeks and more than 12 million are unemployed. With this dismal pace of job creation the Great Recession jobs gap will not close until 2025.
“The President’s attempts to spend the economy back into recovery aren’t working. The $620 billion in new taxes in the fiscal cliff bill does nothing to address the underlying cause of our economic problems: overspending.”