King Says Job Creation Plan Needed

December 4, 2009

Weatherford Democrat

Staff and Wire Reports

Against the backdrop of the recent White House Jobs Summit, State Representative Phil King (R-Weatherford) called for a smarter, limited government approach to job creation that he says is a proven alternative to federal stimulus spending and intervention in the private sector economy.

In a late-week release, King said although Texas remains better off economically than the rest of the nation, the most recent unemployment figures illustrate the imperative for a targeted and responsible state-level plan to grow the economy and create jobs.

“We know that the federal stimulus package has failed,” King said. “The national unemployment rate now stands above 10 percent and each job purportedly ‘saved or created’ has cost taxpayers $250,000. If President Obama wants ideas on how to get the economy back on a sound footing, he should look to Texas.”