WASHINGTON, D.C. (6/1/12) – U.S. Rep. Ed Whitfield, (KY-01), Chairman of the House Subcommittee on Energy and Power, released the following statement today on today’s jobs report.
“Today’s report on the May jobs numbers is dismal, and another example of how President Obama’s economic policies have failed. After a few months of stagnant growth, today we find that the national unemployment rate has actually increased, from 8.1% in April to 8.3% today. Under President Obama, unemployment has remained over 8% since February 2009. This is unacceptable.
“It is not just President Obama’s economic policies that are failing, his over-regulation and anti-growth policies are having a negative impact on our already struggling economy.
It is troubling to me that President Obama continues to put our economy at risk at a time when it is most vulnerable by issuing regulations that cause companies to close power plants, which will ultimately raise electricity prices on consumers. At a time of high unemployment rates, especially in some counties in Kentucky where unemployment remains at more than 10 percent, the Obama Administration and his EPA should be working with coal states to create and retain jobs, not stop economic growth and directly be responsible for miners losing their jobs.
“The EPA’s outright assault on coal is already having a destructive effect on Kentucky’s economy, and we will likely see more coal plants be taken offline and no new plants being brought online due to EPA’s outrageous expansion of regulations and lawsuits filed by environmental groups with the support of the Obama Administration.
“But it’s not just the Kentucky economy that is taking a hit from EPA’s new regulations. Of the approximately 500 coal-burning power plants, more than 100 (over 20%) are expected to close in the coming years. That is real jobs being lost, and real dollars being taken out of our economy.”
“The President and his Administration also have the opportunity to create 20,000 direct jobs and 100,000 indirect jobs by moving forward with the Keystone XL Pipeline. I’m not sure why the President refuses to do the right thing for American workers.
“It’s time for the President to stand up for American workers and take action to create and retain jobs. It’s time to rein in the over-regulation being imposed by the EPA, and it’s time to approve the Keystone XL pipeline. Additionally, House Republicans have passed 30 bipartisan jobs bills over the past year and President Obama must urge Sen. Reid to allow the Senate to pass these bills that will create jobs and boost our economy.”
Information provided by Corry Schiermeyer
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