Pete Sessions Statement in Response to the Justice Department's Lawsuit to Prevent AT&T Merger with T-Mobile
by Pete Sessions on September 1, 2011 at 7:00 AM
I released the following statement in response to the Department of Justice's lawsuit to block a proposed merger between Dallas-based AT&T and T-Mobile:
Wednesday’s announcement is the latest example of the Obama Administration’s continued assault on the American economy. In sharp contrast to the recently-announced Republican competitiveness agenda to create jobs and reduce the regulatory burden on American businesses, with this action the Obama Administration has demonstrated its continued commitment to preventing and impeding job growth at every opportunity.
With over 2.8 million jobs lost since January of 2009 and 30 consecutive months of unemployment over 8 percent, President Obama’s Administration should focus on improving the American economy by growing jobs and expanding the free-enterprise system – not on blocking a merger that has the potential to create tens of thousands of jobs for American workers. Investment and innovation from the free-enterprise system creates jobs, not the federal government. It is long past due for the Obama Administration to stop creating barriers to job growth, and work with Republicans in Congress to help facilitate real job opportunities in the U.S.