On the recordMarch 1, 2012
Mr. Speaker, yesterday I had the pleasure of having some gentlemen from the railroad industry come and visit my office, and they let me know how their business has improved over the years. One of the indices of an improving economy is the number of railcars filled, and that has gone up and up. Warren Buffett said it was the best indicator of how the economy is doing. The railcars are being filled, and a lot of it is because of automobile distribution and automobile production. The automobile industry in our Nation was saved because of the American Recovery and Reinvestment Act and the work of President Barack Obama and the TARP, all of which have helped our economy get better and lower our unemployment rates. As I think of the good work President Obama has done, I read yesterday about an al Qaeda arrested and stopped in Cairo, Egypt. Besides Osama bin Laden, other members of al Qaeda have been eliminated and our country is safer. The Dow went over 13,000, which is another indicator of a burgeoning economy that is getting out of the Bush recession. I want to say that I'm proud to support President Obama, his jobs plan, his efforts to maintain the automobile industry strong in America, and to support him in Libya and root out Qadhafi and al Qaeda in other places. ____________________





