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Paraphrasing Yogi Berra, President's Speech is Stimulus Déjà Vu All Over Again

September 8, 2011

Washington, DC – Congressman Mario Diaz-Balart (R-FL) released the following statement after President Obama announced his jobs package in front of Congress. Diaz-Balart comments:

“What we heard today from President Obama was nothing other than the same failed policies that have accelerated our country down the road of bankruptcy. For the past two and half years, President Obama has spent nearly $1 trillion on his failed stimulus. The facts point out just how disastrous the President’s policies and out-of-control spending have been to all Americans with unemployment soaring at 9.1%, the downgrade of our credit rating, and anemic economic growth.

“As the President continues to at best not lead or at worst lead in the wrong direction, House Republicans will continue to focus on real job creation. The President must understand that the federal government is not the premier job creator; it works to create the conditions that allow small, medium, and large businesses to do what they do best – hire, reinvest, and grow. I will continue working to remove onerous regulations, fully utilize and explore our domestic energy sources, and ratify the three pending free trade agreements, which in spite of his claims to the contrary, the President has refused to send to Congress. These measures, along with the dozens of House-passed measures currently stalled in the Senate, provide small businesses with a much needed confidence boost so they may, once again, create jobs.”