As we talk about the economy and talk about the need to have an economic Renaissance, to see this continue. As I said earlier, we have had 40 consecutive months of economic growth. A lot of times women do not look forward to that 40th birthday, but when we talk about the 40th month of economic growth, that is certainly a date that we want to celebrate. The gentleman from Iowa (Mr. King) mentioned tax reform and the cost of 22 cents of every dollar of manufactured good in this Nation being eaten up by compliance, and the importance of us having a wonderful debate about how we lower that cost so that every sector of our economy is going to see greater productivity and is going to see growth. We know that working on our tax reform issues, working on tort reform issues to eliminate frivolous lawsuits, are going to be a way that we can begin to benefit, that we can see the products that are manufactured here be more competitive in a global marketplace. As we look at the opportunities for trade in Tennessee, for example, where our exports have increased every year for the past 5 years, and we know that does equal jobs.
Editor's note · Context
Discussing economic growth and the importance of tax and tort reform.
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