Mr. Speaker, gasoline prices are rising, and we have near double-digit unemployment. The Obama administration should be doing everything within its power to spur economic growth and to create new jobs. Unfortunately, they have not. This administration has chosen to impose regulation after regulation and policy after policy on American businesses that impede their potential growth and thus impede our economic recovery. Many of these regulations delay or flat out prevent Americans from responsibly developing our own natural resources. They block access to American energy; they block access to American minerals; they block access to American water supplies; and they block access to American forest products. By their actions, this administration is jeopardizing our economic competitiveness. This jeopardy is making America more reliant on foreign countries to meet our everyday needs. Mr. Speaker, I don't believe Americans are content with locking up our valuable resources. I don't believe Americans are content with sending American jobs overseas, but that's exactly what these regulations and policies are doing.
Editor's note · Context
The speaker addresses rising gasoline prices and unemployment, criticizing the Obama administration's regulatory policies.
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