On the recordNovember 17, 2010
Earlier today we selected a minority leader for the next year. It is our current Speaker, Nancy Pelosi, and as she left the caucus today she very clearly laid out an agenda for the Democratic Party. That agenda was Make It in America: Manufacturing Matters, and Take Care of the Middle Class. These two things go together. If we are going to have a robust economy, if we are going to be able to move up the employment and reduce the unemployment in America, then we must make it in America. As we do that, we will recreate those very, very important, critical, middle class jobs. There's a whole strategy that's underway here. Let's envision for a moment that the first quarter was the 8 years of the Bush administration. What happened? Well, I had a little chart up here a few moments ago, and maybe I ought to put it back up. The first 8 years of the Bush administration--be with me for a moment here--were the years of the first quarter. What happened? It was a wipe-out. It was horrible. The American team was decimated. We were on our backs.
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