Rubio: Obama Stimulus 'Clearly Failed'

Monday, 17 Feb 2014 03:04 PM

By Lisa Barron

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Sen. Marco Rubio has released a video to mark the fifth anniversary of President Barack Obama's economic stimulus, the $830 billion American Recovery and Reinvestment Act, stating that the measure "clearly failed."

"If you recall five years ago, the notion was that if the government spent all this money—that, by the way, was borrowed—that somehow the economy would begin to grow and create jobs. Well, of course it clearly failed," the Florida Republican said in the video.

Story continues below the video.



"Five years later, underemployment is still too high, the number of people that have dropped out of the workforce is astounding, unemployment remains stubbornly high and our economy isn't growing fast enough—proof that massive government spending, particularly debt spending, is not the solution to our economic growth problems," Rubio said.

Rubio also called for a return to free enterprise and better training for workers.

"Here's what would be a solution: A vibrant free enterprise economy and a people with the skills and the education needed to take up those jobs that a vibrant free enterprise economy would create. That's what our policymakers should be focused on—policies that bring our tax code, our regulations and our massive $17 trillion debt under control," he said.

"Sadly, that's not what we're getting from the White House, that's not what we're getting from this administration," said Rubio, considered to be a potential contender for the presidency in 2016.

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