“Recovery Summer?” Right.

8th Congressional District Republican candidate Joe Walsh points out that President Barack Obama’s “Recovery Summer” theme hasn’t lived up to the Democrats’ expectations in the press release below:

The “Recovery Summer” Failed

Today the ADP released more bad news. The ADP Jobs Report, which monitors the strength of the U.S. private-sector, revealed that the U.S. economy shed 10,000 private-sector jobs in the month of August.

In May of this year, the Democrats promised the U.S. economy would begin to enjoy a significant economic recovery. The Democrats named this promised recovery “Recovery Summer.”

The Chicago Tribune's Business Section today presents no support for a "Recovery Summer."

In reality, there has been no such recovery.

According to official government websites, since the “Recovery Summer” began:

  • our nation’s economic growth has stagnated, prompting economists to warn about their    fear of a “double-dip” recession;
  • retail stores across the nation have posted significant losses;
  • manufacturing jobs have decreased;
  • the dollar is weaker compared to the Euro and the Canadian dollar;
  • the stock market has declined; and
  • Treasury bond yields have unexpectedly fallen.

The Democrats have owned this economy since January 2007 when they took control of Congress. Joe Walsh, the Republican candidate for the 8th District of Illinois, commented today on the bad economy.

“The Democrats in Washington have been wrong about this economy from the beginning. Higher taxes and more bureaucracy will not put this economy back on track.”

Congresswoman Melissa Bean voted for the health care law, the Stimulus, and cap-and-trade. Economists warn that all three of these pieces of legislation will hamper economic growth.

Walsh, who is challenging Melissa Bean in November’s election, added,

“The recovery will begin when Democrats no longer control Congress.”


Leave a Reply

Your email address will not be published.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