Posted on 06/19/2011 3:09:03 PM PDT by Still Thinking
Bob Schieffer: You know, Republican say over and over the way to create jobs is by cutting taxes, bringing the deficit down. But do you believe that there's anything else that the government can do to get people back to work?
Sen. Mitch McConnell (R-KY): It's obvious that the stimulus, borrowing all that money and spending it basically on government employees, didn't do any good. If you talk to business people, and Bill Daley, the president's chief of staff, did recently, you find out their biggest complaint is over-regulation. The federal government with that stimulus money hired a quarter of a million new employees. These people are busily at work trying to regulate every aspect of American life -- in health care, financial services, through the Environmental Protection Agency. You know, you've seen the reports that they've got $2 trillion in cash. The reason they're not investing that in hiring more people is the government has made it very expensive to expand employment.
Schieffer: So, do Republicans have any plans to do anything on the unemployment front, or are you just going to let things take their course?
(Excerpt) Read more at realclearpolitics.com ...
Also note an unusually gutsy and direct performance from McConnell.
Unfortunately we’ve been overregulated for a very long time.
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