[Congressional Record Volume 140, Number 25 (Wednesday, March 9, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: March 9, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                         THE ECONOMY IS GROWING

  (Mr. DERRICK asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. DERRICK. Mr. Speaker, Washington is known as a town fond of 
inflated rhetoric. It is no surprise. Consider the cavalier manner in 
which truth was mishandled by opponents of the President's economic 
plan.
  Last year Republicans in Congress made a simple prediction: ``The 
Clinton tax plan will spur inflation, lose jobs, increase the deficit, 
and hurt our economic growth.''
  This year we know the simple truth: Inflation is under control. Jobs 
are being created. The deficit has been reduced. Our economy is 
growing.
  Last year's rhetoric inflated a balloon Republicans claimed was a 
black cloud over our Nation and its future. Now the balloon is burst, 
and what did it contain? Hot Air!

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