if Washington is going to force new regulations on the job creators of this country, I think America needs to know the cost of those regulations. That is why I rise today to discuss an important amendment, an amendment I am offering to the underlying China currency bill. It is Barrasso amendment No. 671. This amendment, which is a bipartisan amendment--it is cosponsored by Senator Manchin and Senator Blunt--will force the U.S. Government to look before it leaps when it comes to issuing job-crushing regulations. Simply put, the administration would be required to do a comprehensive and transparent jobs-impact analysis--a jobs-impact analysis--before issuing any job-crushing regulations. Job creation in this country has almost come to a halt. The Labor Department reported that zero jobs were created in August. The economic recovery that was promised by the administration failed to materialize. Unemployment remains at 9.1 percent. Meanwhile, the unemployment rate in China is 4.1 percent. Our economy is stagnant. China's economy is growing. It has been this way since President Obama took office. The President blames the American people by saying the country has grown soft. In September, he stated in a TV interview in Florida: The way I think about it is, you know, this is a great, great country that has gotten a little soft and, you know, we didn't have that same competitive edge that we needed over the last couple of decades. We need to get back on track.…
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