U.S. Rep. Tom Price (R-Ga) responded on Friday to the November 2013 jobs report, which includes the lowest unemployment rate in five years and significant growth in hiring, admitting that the positive numbers are encouraging, but emphasizing that "there's still a feeling of disappointment and trepidation" about President Barack Obama's economic policies.
The unemployment rate fell to 7 percent, down .3 percent from October. This is the lowest unemployment rate since November 2008 when unemployment was at 6.8 percent. That rate five years ago was the highest unemployment rate America has seen in over 14 years.
"There’s no question that every new job that was created last month is a positive step in the right direction – particularly for American families who are desperate for good economic news,” said Congressman Price. “And yet there’s still a feeling of disappointment and trepidation all across this country, and it is not because of one economic report or another. It is because after years of being told by President Obama and his allies that a robust economy is on its way so long as Washington continues to take more, spend more, and control more, the American people look around and realize this Administration’s confidence in its own policies was remarkably misplaced."
The negative part of the jobs report shows that the number of long-term unemployed has not changed. Also, consumer spending is growing at a discouragingly slow pace.
“Indeed, there’s been a tremendous amount of focus as of late on the promises President Obama has made and broken when it comes to his health care law – most notably the fact that millions of Americans are going to see their policies cancelled and their premiums rise despite what this Administration and their allies claimed," said Price. "But the Obama Administration has also made promises time and again that their policies of higher taxes, more government spending and greater Washington authority would somehow jumpstart the economy and restore confidence in the American Dream. The fact that those promises have also been proven empty time and again is as equally tragic if not more so for the millions of Americans who are struggling to make ends meet in President Obama’s economy."
Price represents Georgia's sixth congressional district.