Jeff Duncan: “last night on the national news it was reported that Americans who have lost their jobs in the 1990s have had to stay…”

“last night on the national news it was reported that Americans who have lost their jobs in the 1990s have had to stay out of work much longer than those who lost jobs in the 1980s. In addition, those who have lost jobs in the 1990s have almost always ended up having to take jobs paying much less than the ones they lost, paying much less than the ones they lost. One and one-half million people have lost good jobs due to corporate downsizing in the last 3 years. We lost 3 million jobs last year due to our trade deficit with other countries. Our unemployment rate is relatively low, but our underemployment rate is terrible. Most college graduates cannot find jobs in their degree fields, and we are ending up with the best educated waiters and waitresses in the world, yet our Federal Government continues to overtax and even worse overreguate our economy. Today Government regulations and redtape are making it extremely difficult for small businesses and small farms to survive. We hear about economic insecurity, but many have been lulled into a false sense of complacency, primarily because the stock market is high.”