I will say this, there is an even bigger tragedy, it's the moratorium that's in place today which is leading to a hemorrhage of jobs. Just a couple of days ago, 300 jobs in my hometown gone, 300, and each day it's ratcheting up to a thousand jobs a day. This is a tragedy. It's a man-made tragedy. It's awful policy. I will tell you, this bill, on top of that tragedy, is going to add to more woe on the gulf coast, running up the cost of American energy production, killing more jobs. Let me just say this: the President said he wanted to double exports in 5 years. Well, his policies and the policies of our friends across the aisle are going to basically export American jobs.
On the recordJuly 30, 2010
Editor's note · Context
The speaker addresses the impact of the moratorium on jobs in Louisiana and its broader economic consequences.
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