Political Quotes

“Madam Speaker, our Nation's economy fell off a cliff in the fall of 2008. By the end of the Bush administration, we were losing at least 700,000 jobs a month. In the last month of the Bush administration, that number was up to 780,000 jobs in that month alone. Congress then, working in tandem with the Obama administration, passed various pieces of legislation to stabilize our economy in the short term and invest in various fields for the long-run growth of our country. Fifteen months since the passage of the Recovery Act, we are seeing its impact. We went from 780,000 jobs lost the last month of the Bush administration to 290,000 jobs created in April 2010, a pretty significant swing given the fact that the loss was so drastic and so quick in the fall of 2008 and the first month of 2009. But we are not out of the woods yet.”