I think we all ought to listen to the Senator from North Dakota. I think the Senator from North Dakota laid it out very well and if we listen to what he says and the direction he wants to go, he has within him the American dream. It was instilled in him as a boy. He could be my son. That's the difference in age. I hope I have instilled into my son that he has that opportunity. But, Mr. President, our Nation's economy is strong and it is growing. Home ownership, when you read the records, is at its highest rate in 15 years. Mr. President 7.8 million new jobs have been created in the last 3 years. And the administration's 1993 economic plan has cut the deficit nearly in half. However, for the first time--and I underscore first time--in our country's history, productivity is surging but real wages for workers are declining. That is unacceptable. That is just unacceptable, that productivity is surging and real wages for workers are declining. The majority of Americans are working longer and harder, as my friend from North Dakota said, without the promise of higher wages or job security from their employers. The days of having one parent at home with the child, or children, are becoming a distant memory for many, many families in this country. American working families need both parents' incomes now, in order to make ends meet.
Editor's note · Context
Discussing the state of the economy and its impact on American families.
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