US Rep. Frank Guinta statement on May's 9.1% unemployment rate

I regret that the unemployment rate reversed course and rose last month.  I also regret that the White House and Senate leadership refuse to reverse course as well, and steer us away from ongoing economic failure.

(Washington – June 3, 2011)    Rep. Frank Guinta (NH-01) released the following statement on the Labor Department’s announcement that May’s unemployment rate rose to 9.1 percent:

“Today’s unemployment numbers reveal what people in New Hampshire already know: our economy remains far from healthy.  As part of my ongoing “Getting Granite Staters Back to Work” initiative, nearly 60 percent of small business owners who were surveyed said they have no plans to hire employees this year or beyond.  Job creators repeatedly tell me they get too much government over-regulation and too much taxation, but not enough fiscal leadership from Washington.  That’s robbing them of the confidence they need to grow and hire new employees.

“We’re now in the third year of a failed economic policy – and yet the White House and Senate Democratic leaders refuse to change.  They cling to the “borrow and spend” strategy that has produced nothing but deeper debt and deficits.  We in the House have passed a responsible budget, we said a resounding “no” to a clean bill that would have raised the debt ceiling, and we are taking other steps to put our nation’s fiscal house in order.  But the White House and Senate leadership keep opposing us at every turn.  These actions are needed to give small business owners the predictability and stability they need to expand and grow their workforce.

“I regret that the unemployment rate reversed course and rose last month.  I also regret that the White House and Senate leadership refuse to reverse course as well, and steer us away from ongoing economic failure.”