[Congressional Record Volume 140, Number 81 (Thursday, June 23, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: June 23, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                THE NAYSAYERS WILL BE PROVEN WRONG AGAIN

  (Mrs. WISE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. WISE. Mr. Speaker, what do Social Security, Medicare, minimum 
wage, the 1993 Budget Act, all have in common, spanning from 1935 to 
1993? What they have in common, Mr. Speaker, is that the naysayers all 
stood on this floor and predicted dire economic gloom and doom, 
particularly saying that each was going to kill jobs in this country.
  Yet, 30 years later, everyone lines up to support Social Security. 
Thirty years later, Medicare is a tenet of faith. Several years later, 
people acknowledge that the minimum wage increase did not kill jobs; 
and even though it will not be acknowledged right now by the naysayers, 
the studies are already coming back that show the Budget Act that 
passed here did not kill jobs, it created them, in fact, at a rate four 
times greater than the Bush administration in under 4 years.
  What all that has in common is that they said all these things about 
some very important institutions of American Government and American 
society. Thirty years later, they always support them. We do not have 
30 years to wait for health care. It needs to get done this year.

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