Young Oak Kim: “I keep hearing from the White House that our economy is booming. I really have trouble with this. The folk in my…”

“I keep hearing from the White House that our economy is booming. I really have trouble with this. The folk in my district, none of them said our economy is booming. They do not feel this. The fact is, the economy growth has slowed to 1.47 percent a year, the worst period of growth in our Nation's history. That is the fact. The average family has lost about 1 percent of its buying power since Mr. Clinton took office. The wages rose at the slowest pace in 14 years, and they tell me the economy is booming. Folks in my district are having difficulty right now trying to make ends meet and every day they are squeezed more and more. They are telling people that the economy is booming? I know it is election time, but I think we should be more honest with the American people.”