On the recordJuly 21, 2010
I appreciate the gentleman expressing I think the frustration that many of us in Congress are feeling in the direction in which this country is going, and that we can look at concept after concept of either outrageous spending, poor policy that deals with tax policy, poor regulatory policy, poor energy development policy, put those all together, and it still spells a lack of jobs. And what was supposed to be a time period where we were going to be creating all sorts of jobs is simply one where we have lost jobs. Unfortunately, what we are also finding unique about this recession is people who have lost their job are staying unemployed longer or taking part-time jobs instead. The length of the joblessness is unusually long in this type of recession. And I think part of that goes back to the policies that this country is pushing forward that do not encourage investment in our economy and do not multiply our economy impact, when we have historical evidence of how that could easily happen. We are ignoring that.
