On the recordSeptember 9, 2011
Mr. President, I also wish to take one final moment, and I will be very brief. I want to echo something my colleague from Tennessee said. It is something the Presiding Officer has been very active with over the last few months. We all heard the President last night. Some of us may agree or disagree with all the actions the President laid out. I think there are things we can do as a government targeted to help spur economic growth and job creation that needs to be our top priority. I do think we have to recognize there is not a single silver bullet, that the major tools the government uses during a period of economic turmoil we have actually already used. The central government can lower interest rates. The government can use federal stimulus. We have used both of those. There can be certain additional things we can do around the edges, but one of the most important things we can do to get this economy restarted is generate confidence, confidence amongst the American consumers and the American people that we in Washington are not going to mess things up any worse, confidence amongst our business community, particularly larger businesses that are sitting on $2.5 trillion, and they are in a financially better position today than they were back in 2008 when we first experienced the beginnings of the financial crisis, to get that money off the sidelines and reinvest it in America.…
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