(CNSNews.com) – Rep. Michele Bachmann (R-Minn.) in response to President Barack Obama’s State of the Union address on Tuesday said Obama failed to deliver on his promise to keep unemployment under eight percent by spending a trillion dollars on the federal stimulus program.
Unemployment rose to 9.4 percent three months after the stimulus, and it hasn’t been lower for 20 months, Bachmann said.
Bachmann pointed to a chart, which showed unemployment rates over the past 10 years. In October 2001, unemployment was at 5.3 percent, 6.6 percent in 2008, and eight months after Obama’s promise to reduce unemployment, the jobless rate rose to 10.1 percent, she said.
While budget deficits were “unacceptably high” under President George W. Bush, “they exploded under President Obama’s direction, growing the national debt by an astounding $3.1 trillion-dollars.” Bachmann noted. “What did we buy?” she asked.
“Instead of a leaner, smarter government, we bought a bureaucracy that tells us which light bulbs to buy, and which will put 16,500 IRS agents in charge of policing President Obama’s healthcare bill. ObamaCare mandates and penalties will force many job creators to stop offering health insurance altogether, unless yours is one of the more-than-222 privileged companies or unions that has received a government waiver,” Bachmann said.
“In the end, unless we fully repeal ObamaCare, a nation that currently enjoys the world’s best healthcare may be forced to rely on government-run coverage that will have a devastating impact on our national debt for generations to come,” she added.
In his State of the Union address, Obama called for a five-year freeze on the federal budget, a freeze that the president acknowledged would only affect 12 percent of the federal budget, not Medicare, Medicaid or Social Security.
Bachmann said Obama can fix the economy by doing the following:
- stop the EPA from imposing a job-destroying cap-and-trade system
- support a Balanced Budget Amendment
- agree to an energy policy that increases American energy production and reduces our dependence on foreign oil
- turn back some of the 132 regulations put in place in the last two years, many of which will cost our economy $100 million or more
- repeal Obamacare and support free market solutions like medical malpractice reform and allow all Americans to buy any healthcare policy they like anywhere in the United States.