On the recordJanuary 20, 2010
Mr. Speaker, during the Bush administration, the unemployment rate nearly doubled. We hemorrhaged millions of jobs, including 743,000 jobs that we lost in January 2009 when President Obama was sworn in. They made the mess, but we have to fix it. Thankfully, this President and the Democrats in Congress have put measures in place to stabilize our economy and to begin to create jobs for the more than 15.3 million people who are unemployed. To those who are actively seeking a job but who can't find one, the economy has begun to move again. We have extended unemployment. We have extended COBRA benefits for those who are unemployed to help them make ends meet, but that's not enough. We have to continue that until we stabilize the economy significantly and until unemployment falls. During this Congress, we've really helped our job creators: small businesses. We have to do more for them to make sure we steer equity and investment to start-ups in high-growth fields like clean energy and information technology, and we have to strengthen microlending from the Small Business Administration. Look, we are not finished until millions of Americans who want to go to work go back to work. Our job isn't done until Americans achieve the American Dream. ____________________





