Carolyn Maloney: “Well, the gentleman is correct to connect the dots, and you are absolutely correct that when you cut education and…”

“Well, the gentleman is correct to connect the dots, and you are absolutely correct that when you cut education and health care, these are the two areas that women are employed in predominately. In many cases they have achieved leadership positions in these two fields. Yet these are the two areas that have been cut the most in the municipal areas across the country that have hurt our States and our cities. And the gentleman is very correct to point out that you cannot cut your way to prosperity. Many economists have come out in support of President Obama's jobs bill, including two Nobel laureates. And one economist that I like to read because he is employed by the private sector, which means if he's wrong he's going to get fired, and he was a Republican economist in that he was the chief analyst for Senator McCain when McCain ran for President, and this is Mr. Zandi. And Mr. Zandi said that President Obama's economic plan, the jobs bill that he's put out, would create next year 1.9 million new jobs, add 2 percentage points to the GDP, and also cut the unemployment rate by at least 1 percent. I use his numbers since he was Senator McCain's adviser and economist.…”