On the recordOctober 16, 2002
while the President and his Republican colleagues continue to focus their attention on foreign policy, they regretfully leave behind a very important issue, one that affects millions of families across the country; that is, the economy. In the past 2 years 1.6 million people have lost their jobs, and 1.4 million more people lost their health care insurance last year alone. Americans have lost over $4.5 million in the stock market since this President took office. The massive Republican tax cut passed last year was supposed to help working families. It actually left us in a major recession. We need to increase the minimum wage. We need to extend unemployment insurance for the hardest-working people in our country that lost their jobs because of this recession. Unemployment is at 5.5, and among Hispanics in our country it is a staggering 7.4 percent. In my district alone it is 10 percent. This problem is real, and it is serious. We need to get to work on it. I ask Congress and the President to stop ignoring this issue and to come up with an economic stimulus plan for working families.
Source
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