2008 was 4 years ago. I think it is an inescapable conclusion that we have seen the greatest monetary and fiscal stimulus thrown at an economy in our history, and what do we see but 41 months of 8 percent-plus unemployment, 14.9 percent real unemployment, if we look at those who have left the labor force and those who are seeking full-time employment.
Hensarling critiques the effectiveness of monetary and fiscal stimulus since 2008.
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Mr. Speaker, I yield 1\1/2\ minutes to the gentleman from New Jersey (Mr. MacArthur), who is also the author of the legislation for the reauthorization bill before us. Mr. MacARTHUR. Mr. Speaker, I spent about 30 years in the insurance…
I came here this morning, Mr. Speaker, and I picked up a copy of this morning's edition of The Wall Street Journal. Many Americans would consider it to be the most influential newspaper in America, but certainly, at least on economic…
Mr. Speaker, I yield 2 minutes to the gentleman from Wisconsin (Mr. Duffy), the chairman of our Subcommittee on Housing and Insurance and the author of the real flood reform bill.
Mr. Speaker, I yield 2 minutes to the gentlewoman from Missouri (Mrs. Wagner), the chairwoman of the Oversight and Investigations Subcommittee of the Financial Services Committee.
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