I rise today to echo what other speakers on both sides of the aisle have talked about, talking about jobs, creating new jobs, saving jobs now in jeopardy as our economy continues to deteriorate. I am privileged to represent one of the most ethnically diverse districts in the Nation. Jobs in my district prove that the American dream is alive and well and that anything is possible through hard work. On February 20, the FCC had an opportunity to create and save jobs while boosting the economy. Since 2000, we have lost 22 million jobs in this country. Instead, this decision means job losses in the long term, for the Nation's telecom sector and for my home State of Illinois. The FCC's decision also means companies will not be able to make critical investments in the area of broadband deployment. It means an entire segment of the U.S. economy faces a future of uncertainty for its employers and customers. The job-loss message was heard loud and clear. One analyst of the industry wrote, and I quote, "Usually a decision of this magnitude would bring with it greater certainty and clarity. Yet, in this instance, we believe the issue is as confused and as uncertain as ever." Mr. Speaker, I encourage the administration to remember that uncertainty leads to job loss, both on Main Street and on Wall Street.
Editor's note · Context
Addressing job losses and economic uncertainty due to an FCC decision during a floor speech.
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