On the recordJuly 29, 2011
while we are waiting for people to decide what the rest of us can vote on in regard to cutting down on the national debt and what we can do about being able to continue our government to function tomorrow, all of this is about uncertainty, and we read about the uncertainty every day in the newspaper because people don't know what we are going to do. That then causes businesses, small and large, not to hire, and it seems as though they have a lot of cash they would like to spend and invest wisely. Some of that would surely create a lot of jobs and get our economy moving. Of course, the situation today where the revision of the quarterly economic growth has come out even less for the second quarter than we anticipated, it brings a lot of things to mind as to what we can do to create jobs. With 9.2 percent unemployment, that has to be our concentration. I would like to advise my colleagues that a lot can be learned from history. We must change course if we want to change jobs. The 2007 to 2009 recession was officially over during the year 2009, and here we are still with 9.2 percent unemployment. So this month happens to be the second-year anniversary of the official start of the recovery. But what kind of a recovery, with 9.2 percent unemployment? It seems to be an unofficial recovery; in other words, a recovery in name only.…





