On the recordJanuary 8, 2009
I think there is a sense among Members of Congress that we are facing an extraordinary set of circumstances in America today. The fact is, many of the things he just said I agree with completely. If I am not mistaken, one out of every eight people in his State is currently on food stamps, and it is an indication of how his economy is struggling. We have been told repeatedly about the loss of jobs. Look at some of the most recent headlines: DHL cuts 9,500 U.S. jobs; Chrysler to lay off 2,400 in Fenton, MO; AT&T announcing job cuts; Sprint losing jobs; Stanley Works, GM, Office Depot--the list goes on and on. The fact is, yesterday 22,000 Americans lost their jobs. If the latest projections are true, 22,000 more Americans will lose their jobs today, and 22,000 more Americans will lose their jobs tomorrow. That is the state of the economy. Instead of creating employment, we are losing jobs at a pace which sobers all of us.
Source
govinfo.gov




