On the recordJuly 29, 2010
This bill is more proof of failed economic policies of Washington Democrats, and I think they've acknowledged and they've admitted that that massive $860 billion stimulus bill has failed. It's failed the American public. It's failed 15 million American workers who are out of work, and about a third of them who've almost given up on ever finding a job. And we were promised, when that huge stimulus bill was passed, that unemployment would go down--it went up--that we would have 7 million more jobs than we do today. They promised the jobs would come from Main Street from small businesses. It turns out, as Mr. Camp said, all of the new jobs are in government. And government jobs only last as long as you're paying out of your pocketbook to keep them on that job. That's why this recovery is one of the slowest in America's history because consumers, they're scared to spend because they see all of this debt in Washington and they wonder who's going to have to pay it all back, and they know it's them. Businesses aren't bringing back new workers, aren't hiring new ones because they're afraid of the types of proposals like this they see in Washington, D.C. I remember the President standing at the White House saying, If you pass the stimulus bill, it will jump-start the economy and restore consumer confidence. Well, the economy certainly isn't jump-started. And today, 90 percent of Americans believe this economy is in bad shape.
