On the recordSeptember 14, 2011
Representative Edwards, thank you so very much for your compassion and passion for these issues. Bringing FDR, the monument, and Martin Luther King together around this set of issues is really important. This is the worst economy since the Great Depression, and I remember on one of those plaques at the FDR memorial--and I may get this wrong a little bit--but he said, we measure our progress not by those who have much could have more, but by those who have little have enough. He had the compassion. Last week, the President brought to us an answer to the compelling question that we hear--what are you going to do about jobs?--the American Jobs Act. You spoke so eloquently about the infrastructure--the streets, the bridges, the schools--and that 2 million construction workers are out of jobs. The President has proposed a $50 billion immediate infusion of money into America's infrastructure--into our roads, our bridges, our water systems, our airports. There is $50 billion available this year to put Americans back to work. It's not just the construction workers that will have those jobs, because these people will be able to keep their homes. They will be able to buy their food; they will be able to bring that money back into their economy with what is called the multiplier effect. And so that $50 billion may run through the economy three times, two and a half times, so that instead of 2 million, maybe it will be 3 million that will get their jobs.…
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