I am pleased to join the distinguished Senator from Louisiana in supporting this small business legislation. There is a growing chorus in Washington of national leaders and advocacy groups, concerned citizens who have all come together to call for financial reform. Across America, folks are demanding a return to accountability, commonsense regulations, and fair business practices. Each of us has been touched by this economic recession. Every Member of this body has heard from countless businesses and families back home who have had to tighten their belts and brace for the worst. We have all seen the raw numbers. We have heard the statistics over and over. Too often, we forget what is behind the numbers--real folks experiencing real pain. This economic crisis is far from abstract. It has touched millions of American lives. It has made people wonder when or even if our economic future will be secure again. It has shaken us to the core. Things are finally starting to look a bit better. Thanks to bold steps taken at the national level, America is back on the road to recovery. Key economic indicators are turning around. But we are not out of the woods yet. The national unemployment rate stands at almost 10 percent. Our economy is growing but more slowly than we had hoped. Some people, especially the elderly and racial and ethnic minorities, remain especially vulnerable. Their pain is real.
On the recordMay 12, 2010
Editor's note · Context
The speaker addresses the need for financial reform and the impact of the economic recession on Americans.
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