April 21, 2014

Photo: Thinkstock

Despite trillions of dollars in fiscal and monetary stimulus aimed at boosting employment and economic growth, America’s weak labor market persists.

The numbers are grim: 10.5 million Americans are unemployed, and labor force participation is near 35-year lows. Meanwhile, the Obama administration has overseen 157 major new regulations, which have cost Americans $73 billion annually.

Rather than throw more money and more government at the problem, House conservatives have proposed the JOBS Act, which Heritage Foundation expert Rachel Greszler says would “boost economic growth and employment by freeing up the labor market, reducing unnecessary and harmful regulations, and unleashing federal lands for productive use.”

She continues:

Perhaps more than any other time since World War II, the past five years has been witness to tremendous growth in federal spending, debt, regulations, and unnecessary resource restrictions. Accompanying all of these attempts at top-down governing has been the poorest labor market recovery since the Great Depression.

Washington should step back and let the private sector take the mound. The JOBS Act offers such an approach by increasing the freedom of American individuals and businesses rather than the size, scope, and debt of the federal government.

Do you think the government should get out of the way and let the economy flourish?

Comments (16)

Richard Hettler - April 22, 2014

We re working with both sides of the aisle to create and sustain fiscal remedies within the current administration and would like to share with Jim DeMint some or all of this initiative-tried to reach him/Maggie earlier this day with no success- have you an email address for Jim?

Roy Johnson - April 24, 2014

The recession has been over for 5 yrs. This is the economy the democrats and left wing progressives have put on us to divide and conquer this Great Nation! They have made a lot of $$$$ for their left wing people! We cannot believe a WORD this adm tells us! I’m 77 and have never seen our Nation in such terrible shape! This adm is making carter look good; even with Am prisoners in Iran for 444 days and prime interest rates over 20%!!!! The dems own the unions and the gov unions own Our government!

Mildred Wise - April 24, 2014

I absolutely think government should get out of the way to provide employment. Everything the government gets involved in gets screwed up. This would be no different.

Katherine Kramer - April 24, 2014

Get the government out of the way!!

Joe Bayer - April 24, 2014

We should get the federal government out of our business as much as we can. Return the power to the people and let each state make it’s own decisions. All the federal government does is screw up everything it touches.

Wayne L Boldt Jr - April 24, 2014

Move aside and let the economy improve. How do people think it got to be as great a country as it is today. Less government restraints got us to be the greatest country on earth. This administration is turning us into a third world country. To many people out of work and on the dole. Businesses are being forced to pull back because of uncertainty

Vern Cornell - April 24, 2014

Governing has grown from an average of 18% to
23-25% under this administration. The JOBS act will do much to reverse this. For instance, Fed land has little
oil/gas production…off limits. Compare to ND that is booming, and to Texas which has no Fed lands..booming. Obama should open Fed lands.

Steve Surgeont - April 25, 2014

Yes remove CAFE restrictions for cars

Neil Hartmann - April 25, 2014

If you take from the investors and give to the poor the investors don’t invest and the poor don’t work.

Dennis R McCannon - April 25, 2014

I thought politics was a study of history in order not to repeat mistakes. History should teach us that less government means more growth.

Etelvina R. Patmas - April 25, 2014

Under the Obama administration especially, the Federal Government has lost its primary function and its way. It will take the 2014 mid-term and 2016 elections to begin to reduce the size and scope of the Federal government;
make it more workable with the States. Thus bring it back to what our Founding Fathers intended – – a government of the people, by the people and for the people. The upcoming elections are most important.

Shelley Townley - April 25, 2014

Does a duck walk barefoot on the beach?

Don - April 25, 2014

We would not be in the current economic disaster if certain members of Congress had not interfered in the free, competitive financial markets. Multiply that by the rest of Congress and millions of bureaucrats; we’re luck to be here at all.

ALLEN L PHILLIPS - April 26, 2014

Without question. Let the free market system go back to work.

Holly Chapo - April 27, 2014

This is a no-brainer. The government needs to get out of the lives of the American people – except where it is mandated in the Constitution.

Bob Wagner - April 30, 2014

And the JOBS act does exactly what??

Reduce red tape and bunch of code words that mean – what?

Sounds like the fabled conservative option to Affordable Care which begins and ends with repeal.

We need thinking not sound bites!!

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>