Mr. President, I compliment my good friend from South Dakota, the chairman of the Commerce Committee, for coming down and leading the discussion on a very important topic that, to be honest, we are not talking about nearly enough in the Senate--and certainly the Obama administration is not talking about nearly enough--and that is the importance of our economy. I was on the floor a couple weeks ago and I made a prediction. I said there is going to be big economic news coming out, and my prediction was that nobody in the administration was going to talk about it and none of our friends in the media were going to talk about it. Unfortunately, my prediction came true. The big news, as Chairman Thune said, is that last quarter we grew at 0.5 percent GDP growth. We essentially didn't grow. We didn't grow. The great American economy, the thing that has made us great as a country for 200-plus years, just stalled--and nobody talked. The Obama administration didn't talk about it. The media didn't talk about it. When we talk about gross domestic product, this is essentially the health of the economy. It is the measure of opportunity in America. Unfortunately, what we saw last quarter was additional proof that the Obama administration on this critical issue--economic growth for our citizens--is one of the worst in U.S. history. It is not just me saying that. People should take a look at these numbers. These numbers are actually from the administration and other administrations.…
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