Saturday, September 4, 2010

Obama's Economic Failure in Wisconsin

From Americans for Limited Government:

A special Americans for Limited Government (ALG) report looks at Wisconsin for a special Labor Day Weekend edition in honor of President Obama, Labor Secretary Solis and AFL-CIO Boss Richard Trumka gracing the state of Wisconsin with their presence on Labor Day. Obama's big government economic stimulus program has failed so miserably that Sen. Russ Feingold is scurrying out of Milwaukee to avoid a joint appearance.

As this might be a topic you find interesting, ALG put together some unemployment and stimulus information for the state of Wisconsin. Ironically, the President's much-promoted Recovery Summer resulted in zero "employment producing" Stimulus Programs in Wisconsin.

"This past month marks the 15th straight month of unemployment at 9.4 percent or higher," says Bill Wilson, president of ALG. "Clearly, Obama and Feingold's big government economic solution has failed."

ALG President Wilson also noted the irony of Obama proposing tax cuts on the heels of his signing a job-killing corporate tax hike that was hidden within the $26.1 billion state public employee union bailout.

"Obama's policies have effectively choked the private sector economy through higher taxes and more regulatory costs," says ALG's Wilson. "It is unbelievable that two months before the upcoming election he would suddenly try to pass himself off as a tax-cutting President. Unlike when he was candidate Obama, the President now has a record that is anti-free enterprise and is more interested in propping up his big labor allies then helping the average working American."

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