According to a report released today by the Department of Labor, the U.S. economy created 111,000 new jobs in the month of January. But the good economic news doesn't stop there - according to the report, the number of jobs created in both November and December 2006 was much higher than originally reported:"This increase followed gains of 196,000 in November and 206,000 in December (as revised). In 2006, payroll employment rose by an average of 187,000 per month."A growing U.S. economy means more jobs and higher wages for American workers, and it will bring a balanced federal budget in Washington . Republican pro-growth policies - keeping taxes low, expanding markets for American businesses, and holding the line on government spending - are powering this expansion. According to the Wall Street Journal:"[T]he consumer remains confident, clocking in with a strong 4.4% spending growth rate in the quarter. Clearly the strong job market and rising wage levels are offsetting any fear among consumers..."American businesses, farmers, and entrepreneurs are the most productive and competitive in the world - the biggest threats to their growth and success aren't from other countries, but from right here at home:"The biggest threats to this expansion aren't the trade deficit, or 'global imbalances,' or the savings rate, or the yuan-dollar peg, or any of the other bugbears we hear so much about. The threats are policy mistakes -- such as a tax increase or protectionism from the new Democratic Congress..."Next week will mark the beginning of a critical debate about our country's budget future, and the impact on our children and grandchildren. Will Democrats join Republicans in working to balance the budget without raising the family tax burden? Republicans are committed to balancing the budget without raising the family tax burden, and doing so by holding the line on spending, reducing earmarks, and passing line-item veto to crack down on worthless pork.
Friday, February 02, 2007
Republican Pro-Growth Policies Power New Job Creation, Working to Balance the Budget
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