Statement of U.S. Rep. Carolyn Maloney on July jobs gains

Aug 5, 2011
Press Release

“Today’s announcement that 117,000 jobs were added to the economy in July was better than expected – but our current unemployment rate is a sobering reminder of just how fragile our economic recovery continues to be.

“Recent economic indicators should serve as a red-flag warning that the bitter wrangling and endless gridlock in Congress comes with a real-world consequences and real-world costs. “The weak consumer spending we have seen also makes it clear that cutting off the stimulative effect of federal spending too quickly, too deeply, and too recklessly will only delay recovery, slow growth, kill jobs, and make it even harder to solve our long-term deficit problems.
“Recent polls have sent a clear message to Washington that the American people are losing confidence in their government. And in the past 24 hours, markets all around the world have stamped that message ‘urgent.’

“It’s time for Congress to come together to solve our problems, instead of creating new ones.  Job creation needs to be job number one for Congress.  The rest is noise.  I hear that message loud and clear.  And I agree.”