Statements about Economy
"Right now one of our highest job growth sectors is Leisure and Hospitality. We've added jobs that mostly fall within the restaurant and bar sector industry. These are not high-paying jobs, as the U.S. Department of Labor estimates this is an industry sector with the lowest average wages and the lowest proportion of its workforce earning minimum or subminimum wage jobs."
"If the House of Representatives fails to extend the middle-class tax cuts, 400,000 middle-class Rhode Island families will see their federal income taxes increase."
Under Charlie Crist, Florida lost 825,000 jobs and the unemployment rate increased from 3.5 percent to 11.1 percent.
"Fourteen million Americans' mortgages are greater than the value of their homes."
"In recent years, menhaden numbers along our coast have plummeted by 90 percent."
Agriculture "is the strongest industry in Ohio."
"The five economic indicators that the federal government tracks - for the first time since August 2006 - were positive this October."
Says food stamp growth, while high, lagged the rise in unemployment.
Says that in 2011, Oregon had "the second fastest growing economy in the nation."
"National studies are already showing the negative effects that the health care law is having on businesses and our economy. Businesses across the country are raising their prices … (or) cutting jobs as a result of the added cost."
"We have more people working in clean and green energy than in oil and gas in this country."
"In the past year alone, Ohio businesses have created more jobs than almost every other state in the country."
Says President Barack Obama "did not come into office with the economy in a free fall."
Budget analysts say the looming tax hikes and spending cuts would "take us into a recession and kill jobs."
"Sheldon Whitehouse [got] a secret closed-door briefing, warning of the [2008 economic] crash."
Says during George W. Bush’s administration "we were losing millions of jobs per month," while under Barack Obama we have "three years of gaining hundreds of thousands of jobs per month."
Says U.S. corporate tax rate is "highest in the world at 35 percent."
Sheldon Whitehouse voted for a "$525-billion tax increase on the middle class."
"There is no war on coal. Period. There are more coal jobs and more coal produced in Ohio than there were five years ago, in spite of the talking points and the yard signs."
"We borrow $4 billion every single day, much of it from China."
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