Congressman Canseco's Statement on the January Jobs Report

Feb 3, 2012


Washington, DC – Congressman Francisco “Quico” Canseco (TX-23), a former small businessman and member of the House Financial Services Committee, issued the following statement in response to the release of the January 2012 jobs report by the Department of Labor, which reported that the economy created 243,000 jobs and the unemployment rate is at 8.3%:
“Today’s jobs report is certainly positive news, as we’re starting to get closer to the level of job creation needed to put Americans back to work. Despite this news, we can and must do better. Almost 13 million Americans still remain unemployed with over 5 million, or almost 43%, of those Americans categorized as the long-term unemployed. This is the 36th straight month that the unemployment rate has been above 8% - a rate which the Obama Administration said would not be exceeded if we passed their trillion dollar-plus stimulus bill. And, the Congressional Budget Office, in its recently released Budget and Economic Outlook, projects anemic economic growth and an unemployment rate that will continue hovering above 8%,” said Congressman Canseco. 
This is not the time to begin popping champagne corks and declaring victory on the jobs report. What this jobs report shows us is how resilient the American economy is, despite being weighed down by President Obama’s jobs-crushing policies and decisions. That’s why it’s important that we get rid of these policies that are weighing down job creation. The House of Representatives has passed almost 30 bills – many on a bipartisan basis – that would clear away many of these policies, like the bill passed by the House repealing President Obama’s government take-over of health care. However, these bills have gone untouched because Senate Majority Leader Harry Reid (D-NV) refuses to allow them to be considered by the United States Senate. It’s time for Senator Harry Reid to start thinking more about the jobs that could be created for the American people by passing these bills passed by the House instead of thinking about how he can keep his job as Senate Majority Leader,” concluded Congressman Canseco.
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