I think we have tremendous opportunity. And I think we are close to wrapping this up. But I would agree wholeheartedly that this is about innovation. It's about giving American businesses the tools to move forward. They were in desperate straits in January of 2009, when you took that oath of office, when I took that oath of office, when President Obama took the oath of office. We were in the middle of the worst recession in our lifetimes, caused by greed and corruption on Wall Street. We have an opportunity to address that greed and corruption. The Republicans have the opportunity to turn things around, to join us in holding Wall Street accountable. But more importantly, they have an opportunity to embrace the policies that are making a difference. We know the economy is turning around. We have spent the last hour citing the various sources who support that notion. We know the GDP is growing. We know people are going back to work, and we're investing in their intellect. We're investing in their skills. We're investing in new technology. That's what's so critically important. If we are to see continued growth over time, we have to be making those necessary investments, and we are making those investments. But at the same time, we have to have the courage to stand up--stand up to the oil companies who would have us dependent upon foreign oil for years to come.
Editor's note · Context
Driehaus discusses the need for innovation and investment to recover from the recession and hold Wall Street accountable.
Share
More from Steve Driehaus
In 2002 Representative Stephanie Tubbs Jones introduced legislation to crack down on predatory lending and subprime borrowers. Acting then to protect American homeowners could have helped prevent the foreclosure crisis, which led to the…
And the American Recovery and Reinvestment Act, the largest single tax cut for middle income families in the United States.
There is not a dime of TARP money going into this bill. You are undermining the authority--or attempting to undermine the authority of the Inspector General of Treasury.
If we're serious about reducing spending, we should be promoting competition among government contractors, not stifling it. We know from experience that a competitive engine program for our military aircraft drives down long-term costs and…





