U.S. Representative Gregg Harper (R--Miss.) issued the following statement after the U.S. Department of Labor announced that the economy shed 95,000 jobs in the month of September.
"Over 18 months ago, American citizens were promised that unemployment would not surpass eight percent if the President's trillion-dollar "stimulus' plan were to become law. Sadly, Mississippi has lost 30,800 jobs since this promise was made.
"Republicans understand that the federal government does not create jobs, businesses do. This is why we urged the Democratic leadership to extend the 2001 and 2003 tax cuts before leaving Washington for the November elections. If the current tax rates are not extended by January 1, 2011, small businesses owners that pay in the 35 percent tax bracket will pay 39.6 percent. To boot, individuals that file in the lowest tax bracket will be subject a 50 percent tax increase, with their rate rising from 10 to 15 percent.
"The federal government should lend a hand to America's employers, not weigh them down with more heavy tax increases. Today's report of 95,000 more jobs lost in our country is very disappointing."