On the recordJuly 13, 2010
Thank you very much, Representative Wasserman Schultz, Representative Tonko, Representative Jackson Lee. Listen, everybody should take a look at that chart that was next to Representative Tonko. It's not a coincidence that from month to month to month in the last year of the Bush administration we lost more and more and more jobs, and then immediately upon the new President, President Obama, taking office, we started to lose less and less and less jobs to the point now where we are adding jobs to the economy. It's because the stimulus has worked. It is because it is infusing new money into the economy. It is because tax rates are the lowest in this country since 1950. People have more money to spend than ever before. It's because we put money in the hands of teachers and firefighters and police officers and renewable energy companies and solar companies and advanced battery technology companies. The leading edge of our economy is creating jobs. It's because manufacturing is coming back. To Mr. Schauer's point in June, 9,000 new manufacturing jobs in this economy. Since December, 136,000 new manufacturing jobs. The economy is heading in the right direction because we're putting new policies into place that are investing in small manufacturers, in small businesses, in Main Street. And that's the dichotomy here.…
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