WASHINGTON – As the White House hosts its “jobs summit” today and discussions heat up surrounding a potential second stimulus bill, Democrats appear to have conceded the fact that their $787 billion “stimulus” debacle has failed at providing the much-needed economic recovery that President Barack Obama and Senate hopeful U.S. Rep. Paul Hodes (D-NH) promised when the bill passed in February 2009.
According to the Wall Street Journal today, “House and Senate leaders plan to craft major jobs packages by year's end, as they respond to intensifying pressure to show they are doing more to ease unemployment... With joblessness at 10.2%, lawmakers are anxious about a possible voter revolt.”
However, just a few weeks ago Hodes vehemently defended the bill’s merits, stating that, “It delivered the biggest middle-class tax cut in history... It has saved the jobs of teachers and firefighters and cops, and created jobs, and the program isn’t done.”
But despite Hodes’ defense of the stimulus bill’s success, more than 3 million Americans have lost their jobs this year alone and the nation’s unemployment rate skyrocketed to 10.2 percent in October 2009. Now the Democrats are attempting to rush another massive $2.5 trillion government-run health care plan through Congress, paid for by families, seniors, and small businesses in New Hampshire.
“Why do the Democrats need a ‘jobs summit’ if President Obama’s so-called ‘stimulus’ bill – which Paul Hodes so eagerly supported – is actually working?” asked National Republican Senatorial Committee (NRSC) spokeswoman Amber Wilkerson Marchand.
“Instead of staging summits and photo-ops to disguise the fact that the first stimulus failed, Hodes and the Democrats should immediately reject the notion of a second stimulus and go back to the drawing board with Republicans to drive down costs in Obama’s massive government health care takeover,” Marchand continued. “There’s no doubt that Hodes and his colleagues will be held accountable for their out-of-control spending in next year’s election.”
The White House excluded the U.S. Chamber of Commerce, the National Association of Manufacturers (NAM), and the National Federation of Independent Businesses (NFIB) from the White House job summit guest list, despite the fact that they “represent many of the country's largest employers,” according to the Washington Post.
The Post reported today that these groups were excluded as a result of their opposition to Obama’s massive government health care takeover and their support of free trade agreements, which labor unions in attendance at the job summit oppose.
In October 2009, Congressman Paul Hodes (D-NH) Claimed That Voting For The Stimulus “Was The Right Thing To Do.” “Democratic Rep. Paul Hodes, who backed the $787 billion American Recovery and Reinvestment Act early this year, acknowledged, ‘There is more work to be done.’ But, he said, ‘I thought then it was the right thing to do,’ and he still does.” (John DiStaso, “Stimulus Sentiment Follows Party Lines,” The [Manchester, NH] Union Leader, 10/25/09)
- Hodes Continued To Claim The Stimulus Was Working, Despite A Report Claiming Only 116 New Hampshire Jobs Came From Infrastructure Spending In The Stimulus. “[A]ccording to Fitch’s report, only 116 full-time jobs were created as a result of highway infrastructure investment in New Hampshire as of Sept. 30, compared to 2,041 in education and 745 in government services. Still, Hodes said, the stimulus is working. ‘It delivered the biggest middle-class tax cut in history,’ he said in an interview. ‘It has saved the jobs of teachers and firefighters and cops, and created jobs, and the program isn’t done.’” (John DiStaso, “Stimulus Sentiment Follows Party Lines,” The [Manchester, NH] Union Leader, 10/25/09)