>MENENDEZ SUPPORTS FAILED MEASURES TO CREATE JOBS
(Ridgewood, NJ): On Thursday, conservative Republican U.S. Senate candidate from New Jersey Ian Linker denounced Senator Robert Menendez (D-NJ) for his support of failed job creation policies supported by other Democrats, including President Obama. Proposals on the table include an infrastructure bank and extension of unemployment benefits.
Linker questioned, “Why is it when Democrats like Bob Menendez talk about how to create jobs – usually when they’re afraid of losing their own – their proposals include more government-funded projects or subsidies/incentives?”
“These policies have failed miserably – they simply don’t work. Democratic jobs policies redistribute wealth and take money from one group of taxpayers or incur more debt and spend it on another group, usually temporary infrastructure projects. The stimulative effects from these jobs, if any, wear off after the project ends. Not only does the Democrats’ jobs agenda fail to create permanent jobs but it also requires we spend more money we don’t have, adding even more to our $14.3 trillion mountain of debt,” Linker said.
Linker continued, “unemployment has been hovering near 10% and millions more have been out of work for way too long in this country. Although Democrats now finally claim to be focusing on jobs, their proposals are conveniently timed, as several of them, including Menendez and President Obama, are now actively campaigning for reelection. Their proposals are nothing new, however. Democrats have tried stimulating the economy and creating jobs through deficit spending for decades – it simply doesn’t work.”
Linker added, “To create permanent jobs we need to unleash market forces. My plan to facilitate private sector job and economic growth includes ending uncertainty through comprehensive regulatory reform and reforming the corporate and individual tax codes to close loopholes and expand the tax base. We would level the playing fields making more proportional individual and corporate tax liability. We would bring down marginal rates, eliminate the double taxation of capital gains and dividends, and, as has happened throughout history after such reform is enacted, sit back and watch the economy grow and the free market hire millions currently unemployed.”
