On the recordSeptember 8, 2011
Tonight the President will try, once again, to restart this economy. But the problem is not with the President or his policies. It's here with the House majority who will oppose whatever he proposes. They will say that we tried the stimulus and it didn't work. But one of the reasons why the economy is slowing down is that stimulus dollars are drying up. They will say that we need to cut corporate tax rates. But corporate after-tax profits are at an all-time high. They will say that we need to deregulate the financial markets, but it was that kind of deregulation that put us into this mess in the first place. What we need is the faith to invest in this country's future. There are $2.2 trillion of infrastructure projects that need to be funded. Every billion dollars that goes into this country's infrastructure creates 47,500 more jobs and, in fact, generates $6.2 billion of additional economic activity. That's what we need to do. That will work. That will make our country stronger, will reduce the deficit and will put people back to work. ____________________
Source
govinfo.gov




