Elections

Carson Criticizes Obama Administration For Making Up The Unemployment Figure [VIDEO]

Steve Guest Media Reporter
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Ben Carson criticized the Obama Administration for their use of the 5 percent unemployment rate figure by suggesting “you can make that number anything you want by who you include and don’t include.”

Appearing on Fox Business Network’s “Mornings With Maria Bartiromo” on Monday, Carson argued that the number that should be talked about is the “labor force participation rate which is at 38-year low.”

Carson explained that in order to create new jobs, “we have to recognize that we don’t have this glowing economy that many in the administration want you to believe we have.” 

“This country possesses the most powerful economic engine the world has ever known but it cannot function, because we have so many regulations ramping around it we have tax policy that does not encourage entrepreneurial risk taking and capital investment,” Carson suggested.

So one of the things that I would do first of all to jump-start the economy is recognize that overseas $2.1 trillion in American cash that will not come back with the kind of corporate tax rates we have. I would declare a holiday on that tax or encourage that so we repatriate that money, and the only stipulation being that 10 percent of it be used in enterprise zones and to create jobs for people who are unemployed or on welfare.”

“That would be one of the biggest stimuluses that we’ve seen since FDR’s New Deal,” Carson claimed. “And it wouldn’t cost taxpayers one single penny, but it also gets business and industry in the mind frame of once again investing in a community which is something that we used to do at higher level before the government came in and said. ‘We will take care of all that.’ And they may have a meant well, but they have done a horrendous job in the process and created a lot more dependency in our economy.”

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