Hank Johnson: “I am sorry to see my friend, Mr. Trott, leaving the Judiciary Committee. We have appreciated his being there and we hate…”

“I am sorry to see my friend, Mr. Trott, leaving the Judiciary Committee. We have appreciated his being there and we hate to see him go, but the gentleman is going on to bigger and better things. I would say to the gentleman that it is surprising to me that the Bloomberg Government reports show that of all of the job cut announcements made by industry during the year of 2016--and that was a year, by the way, which was not unlike previous years. Basically, the Obama administration has created about 1.9 million new private sector jobs per year. I am just startled by this statistic here for the year 2016 as far as the number of job cut announcements by reason. The reason given for government regulation being responsible for the job cut is 1,580. That is out of 1.9 million new jobs created during the entire 2016 year, 1,580 jobs lost due to government regulation. That's almost as many as were lost due to the listeria outbreak, legal trouble, or grain downturn. Government regulation, 1,580 jobs lost out of 1.9 million created. So this argument that we keep hearing from my friends on the other side of the aisle that there is a strangulation or a stranglehold on job creation by Obama's regulations, nothing could be more false than that. Mr. Chairman, I reserve the balance of my time.”