Friday, August 27, 2010

Dold: Stimulus “Jobs” Cost $1 Million Each in the 10th District


Who can afford this? Killing small business, the real job creators. From Dold for Congress:


Slow Economic Growth Shows Government Can’t Create Jobs

Winnetka – With today’s report that second quarter gross domestic product growth was revised down from 2.4 percent to 1.6 percent, 10th District Congressional Candidate Robert Dold renewed his pledge to create real jobs for the 10th District and denounced again the $862 billion federal Stimulus spending package that created only 158 “jobs” for the 10th District at a cost of $169 million.

According to the Administration’s
www.recovery.gov website, during the past 18 months the Stimulus program has spent more than $169 million dollars in the 10th District to create just 158 jobs, at a cost of more than $1 million per job.

“Dan Seals is in lock-step with this Administration and the Democratic leaders in Congress and does not understand how real jobs are created,” said Dold campaign spokesperson Kelly Klopp. “Jobs are created by small businesses growing and adding employees, not through handouts of
taxpayer dollars.”

“Many of these so called ‘jobs’ created by the Stimulus are short-term and their creation come at a tremendous expense to the future generations of Americans as we borrow more from them,” continued Klopp. “As a small business owner, Robert wants to take commonsense, small business thinking to Washington to cut spending and create the private-sector jobs that will put people back to work and pull us out of recession.”

When the Stimulus passed, the Administration promised that unemployment wouldn't rise above 8 percent. Eighteen months later the national unemployment rate sits at 9.5 percent; Illinois's rate is above 10 percent. Growth in gross domestic product slowed to 1.6 percent in the second quarter of 2010.


About Robert Dold:

Robert Dold owns and operates a small business, Rose Pest Solutions, located in Northfield, IL. A graduate of New Trier High School, Dold earned a law degree from Indiana University and an MBA from the Kellogg School of Management at Northwestern University. He worked on Capitol Hill as investigative counsel for the House Government Reform and Oversight Committee before returning to the 10th Congressional District to work and raise his family. Learn more at www.doldforcongress.com.

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