Political Quotes

On the recordMay 28, 2010
Mr. Speaker, in fact, the gentleman is correct. There were jobs that were added. They were government jobs. They were government jobs because of the census, and that is why we saw an uptick. Let's go back to Texas. I know there has been a lot said about Texas. In Texas, unemployment jumped from 6.8 percent in April 2009 to 8.1 percent in April 2010. That's an additional 188,600 people unemployed. I appreciate you all in trying to take credit for this great, robust economic boom that's going on in this country. The fact of the matter is it's not working that way. Mr. Speaker, I submit for the Record a letter dated May 24, 2010, from IBM. I'm going to read just the last paragraph because it shows, really, the misnomer of my Democrat friend's argument about how great this bill is, the jobs bill. It reads, ``Despite the 1-year renewal of the R&D tax credit, which we and other technology firms have long supported, the late insertion of large, new, permanent tax increases, together with hundreds of billions in new deficit spending that has not been offset, leads IBM to strongly oppose this legislation.'' Hundreds of billions of dollars in new deficit spending. This reminds me a lot of the firefighter who goes out and sets a fire and then shows up to put it out, trying to get credit when, in fact, that firefighter is an arsonist. IBM gets it. IBM gets it and they understand: hundreds of billions of dollars of new deficit spending that has not been offset.…
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Pete Sessions
Republican · Texas

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