Statement from NY GOP Chairman Ed Cox on July Unemployment Report

Albany, New York…August 20, 2010 – New York State Republican Party Chairman Ed Cox issued the following statement today after the Bureau of Labor Statistics (BLS) issued the July unemployment report.  The state’s unemployment rate held steady at 8.2 percent, while the New York data from July stood in contrast to the government's latest weekly jobless claims report which surged to 500,000 new claims last week, raising concerns about a stalled jobs market.

“While today’s state unemployment report represents a miniscule degree of positive economic news here in New York, today’s jobs numbers are an unfortunate indicator that our economy is still not improving enough overall.

“President Obama, Chuck Schumer and Kirsten Gillibrand’s big government policies at the federal level that tax, spend and borrow too much have done nothing but paralyze the small business job creators in New York.  As if that weren’t enough damage, in just a few short months they will permit the largest tax increase in American history.  

"I've been travelling throughout upstate New York over the past several weeks and meeting with business owners in manufacturing, construction, and other industries who are witnessing the exodus of companies fleeing the state because they simply can't afford to do business here.

“As these numbers indicate, the Democrats’ reckless spending spree and vast expansion of the federal government has simply failed to create the much needed jobs in New York State.  With national unemployment at 9.5 percent, even Democrat Barney Frank admitted earlier this week that it was 'dumb' for President Obama and his aides to promise that unemployment would not surpass eight percent if the Stimulus Act passed.

"Come Election Day, I am confident that New Yorkers will reject the failed economic policies of President Obama and the Democrats in total control of both Albany and Washington, as voters come out in droves to support the pro-growth, limited-government policies of our Republican candidates.”

 

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