I would like to take this time to correct the statistics and the statements that we just heard from my colleague from North Carolina. My colleague forgets that in the Clinton administration we created-- not ``we,'' because I wasn't here--but the Democrats and Mr. Clinton created 22 million new jobs for America. Mr. Bush, when he took over, did not, in fact, inherit a recession. That recession happened after he was in office, and it was a severe one. We started to come out of that. Again, the Bush administration policies caused a second recession. When you look at Mr. Bush's term of office, there were some jobs created; but they were not private-sector jobs, as the gentlelady is so fond of talking about. In fact, if you look at the statistics, there were no new private-sector jobs created during the Bush administration. When Mr. Bush left office, he left a recession that was shedding 750,000-plus jobs a month. When the good lady from North Carolina talks about the fact that there have been job losses during the Obama administration, many of those are the carryovers. You don't turn around the economy overnight. Mr. Obama can't flip a light switch and create the jobs overnight. It took time to get the policies in place to start bringing the country out of the Bush recession.
DENNIS A. CARDOZA: “I would like to take this time to correct the statistics and the statements that we just heard from my colleague from…”
Editor's note · Context
Speaker addresses job creation and economic conditions during the Clinton and Bush administrations.
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