Alexander on Five-Year Anniversary of ‘Stimulus’: Better Plan Would Have Been to Liberate Free Enterprise System

Says stimulus “contributed to skyrocketing debt,” Obama regulations have placed “big, wet blanket” over economy

Posted on February 17, 2014

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“Instead, we should be offering real answers to income inequality that enable more Americans to climb the economic ladder. That means ridding our economy of the burdens of Obamacare and other regulations, providing more job training and offering more choices of good schools to children of low-income families.” – Lamar Alexander 

WASHINGTON, Feb. 17 – U.S. Senator Lamar Alexander (R-Tenn.) today released the following statement marking the five-year anniversary of President Obama’s “so-called stimulus plan” becoming law:

“Five years after Congress passed President Obama’s so-called stimulus plan, it’s clear a better plan would have been to get Washington out of the way and liberate our free enterprise system to create more good jobs. The ‘stimulus’ was nothing more than a spending bill that contributed to our skyrocketing debt, and since then Americans have continued to find it hard to find a good job. Meanwhile, the big wet blanket of Obama administration regulations has made it harder to get our economy moving again.”

“Today, Democrats in Congress are still pushing for more spending and more burdens on businesses in the name of income inequality. Instead, we should be offering real answers to income inequality that enable more Americans to climb the economic ladder. That means ridding our economy of the burdens of Obamacare and other regulations, providing more job training and offering more choices of good schools to children of low-income families.”

Alexander supports repealing Obamacare and instead enacting step-by-step reforms to reduce the cost of health care and increase choices for patients. He has also cosponsored the Workforce Investment Act, bipartisan legislation that would provide about $145 million for job training in Tennessee. And in January, Alexander introduced the Scholarships for Kids Act, legislation that would create scholarships averaging $2,100 out of existing federal education dollars to follow 11 million low-income children to the schools they attend. 

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