Political Quotes

On the recordSeptember 21, 2012
Madam Leader, thank you for your comments and your leadership. You are so correct in studying the statistics of the Dow, having doubled. It's actually up now probably about 105, 110 percent. The Standard & Poor's is up more than double, and the NASDAQ is up more than double over those years. In January of 2009, I'm sure most people tragically remember, we lost 818,000 private sector jobs that month. Last month we gained 92,000 jobs. Is there anybody who could say a loss of 818,000 jobs isn't a lot worse than the gain of 92,000 jobs--92,000 jobs is not enough. We need to do more. The President offered a jobs bill. It has not been brought to this floor, notwithstanding the fact in the Pledge to America they said this is a transparent Congress that would be allowed to work its will. That bill has not been brought to the floor. For the last 30 months we have gained, straight, more jobs, 4.6 million jobs to be exactly correct, while 4.4 million jobs were lost in 2008 alone. Are we better off gaining 4.6 million as opposed to losing 4.4 million jobs? We have had 12 straight quarters of economic growth. The last four quarters of 2008 in the last administration was a net 13 percent decrease in GDP. Yes, Mr. Speaker, the leader is correct. We're better off today, but we could be much better off. We ought to be better off if we hadn't walked away from a jobs bill, hadn't walked away from investing in an infrastructure bill that gave certainty.…
Said by
Steny Hoyer
Democratic · Maryland
Source
govinfo.gov
Sep 21, 2012

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