Mr. Speaker, I have no further speakers; and as I prepare to close, let me again congratulate the gentleman for his very thoughtful resolution and for it coming at a time of great need. Because even as we stand here today, a great shadow is being cast across America, the shadow of economic crisis, of recession. We are now in our 14th month of decline in industrial production. There are 100,000 workers losing their jobs each week. More than 1.3 million Americans have lost their jobs this year. Poverty and homelessness are on the rise. And as usual, the largest group of the poor are the children. Tens of millions of them are without affordable health care. Suddenly thousands of people cannot pay their mortgages, cannot afford to continue college education. The hopes of millions of Americans who struggle to enter the mainstream of American economic life, to share in the American dream during the past decade, are now being dashed. The economic crisis has been worsened by the terrorist attacks of September 11.
On the recordDecember 18, 2001
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govinfo.govEditor's note · Context
Addressing the economic crisis and its impact on American workers and families.
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