Randy Altschuler's Statement on October's 26-Year-High Unemployment Figures

FOR IMMEDIATE RELEASE
Saturday, November 7, 2009

EAST SETAUKET, NY: Republican Candidate for US Congress, Randy Altschuler, released the following statement today in response to this week's announcement of October's 26-year-high unemployment rate of 10.2%:

"With the release of Friday morning's 26-year-high unemployment number it is clear that the Obama-Pelosi-Bishop $787 billion stimulus package is a failure," Altschuler stated.

"The current administration's stimulus package failed because it was built on a faulty premise that the government could simply spend its way out of a recession. In fact the results of Tim Bishop's and Nancy Pelosi's policies have been the accumulation of massive debt that threatens our long term financial stability," Altschuler added.

"It's time that Bishop and Pelosi listen to Conservatives and Republicans in Congress and reduce taxes on the working men and women in New York's First Congressional District and across America.

"On Election Day this past Tuesday, Conservative turnout broke records and along with Republicans, they sent a clear message to House Speaker Nancy Pelosi and her ally Tim Bishop that we need a new way of doing business in our nation's capital," Altschuler concluded.