Denver – Dustin Zvonek, state director of Americans for Prosperity-Colorado, today released the following statement in response to a Denver Post report about falling work participation rates in Colorado, as well as the five year anniversary of President Obama’s failed economic stimulus effort:
“Jimmy Carter was president and pet rocks were popular the last time we saw an economy as hopelessly mired in malaise as the one we see across the country today, including here in Colorado. Five years after President Barack Obama launched a misguided effort to spend and borrow America into prosperity, it’s time to admit that this government-centered approach is a failure, which prolonged the misery and demoralized the workforce through backward policies and broken promises. Colorado hasn’t escaped that same demoralizing dynamic because Gov. Hickenlooper’s approach is simply an echo of what we’ve seen from Washington.
While a cursory look at a few cherry-picked statistics might seem to support the case for economic recovery, the slumping work participation rate clearly tells a more depressing story. I’m not sure how much more suffering Coloradans are expected to endure before President Obama and Gov. Hickenlooper abandon their government-centered approaches, in favor of free market stimulus strategies like cutting taxes and reducing regulatory burdens. But staying the present course meets the classic definition of insanity, which is repeating the same mistakes and expecting better results. ”
For further information or an interview, please contact Dustin Zvonek at DZvonek@afphq.org or 720.219.1451.