Political Quotes

“I thank the gentleman from Arizona for yielding. Mr. Chairman, the New Deal was a jobs plan. President Obama has put forward a jobs plan. H.R. 1904 is not a jobs plan. H.R. 1904 is a massive payout to multinational mining giants that are wearing a jobs plan as a disguise. That disguise is slipping. Real jobs are about making wise investments in businesses and technologies that put Americans to work. This bill just gives billions of dollars in copper to foreign mining companies for free. {time} 1350 Let's do the math. Estimates vary on the value of the copper from $2 billion to $7 billion or $8 billion. So let's just split the difference down the middle and say that the copper might be worth $5 billion. The jobs claims for this bill vary wildly as well from 500 to 5,000 jobs. Now, there is a good reason to believe the jobs numbers will be on the very low end, but let's be optimistic and take the highest jobs claim possible. So supporters of this bill are going to give away $5 billion in hopes of creating 5,000 jobs. Well, that's $1 million per job, Mr. Chairman, $1 million not paid necessarily to the workers themselves but to foreign mining giants. Now, is that the kind of wise investment that we need? I do not think so. I think that we need some new jobs, but they should be real jobs. They should be here. Much of the work that's going to be done in this mining is going to be done by robots.…”