[Congressional Record Volume 140, Number 137 (Tuesday, September 27, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: September 27, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                          IS OUR ECONOMY GOOD?

  (Mr. LIGHTFOOT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. LIGHTFOOT. Mr. Speaker, I yield to the gentleman from New York 
[Mr. Solomon].
  Mr. SOLOMON. Mr. Speaker, I thank the gentleman very much.
  Ladies and gentleman, I could not help listening to the previous 
speaker, of whom I am very fond. She is a wonderful woman.
  But look at these headlines: ``IBM Deepens Job Cuts. Kingston-
Poughkeepsie to Lose; 2,000 Layoffs Certain.'' ``Four Thousand Workers 
To Be Eliminated in Poughkeepsie.'' ``GE To Cut 1,200 Jobs.'' All in my 
district. Look at this, ``400 Jobs Going to Mexico. Mallinckrodt To 
Leave Argyle, NY,'' in my district.
  Here is another one, ``Scott Paper Co. Planning 300 Layoffs.''
  And somebody is going to tell me the economy is good in this country?
  We need a new President. It is too bad we have to wait 2 years and 41 
days to get one.
  These headlines, all from newspapers in my district, are a chronicle 
of disaster. IBM is laying off 2,000 more workers, above and beyond the 
4,000 who have had their jobs eliminated altogether.
  General Electric has just announced yet another round of job cuts--
the third one this year. Mallinckrodt, which makes rubber tubing, is 
moving 450 jobs to Mexico--with only 31 Americans to be offered 
transfers. Scott Paper, 300 jobs lost. Mr. Speaker, when will it end?
  Ms. PELOSI. Mr. Speaker, will the gentleman yield?
  Mr. LIGHTFOOT. I yield to the gentlewoman from California.
  Ms. PELOSI. Mr. Speaker, corporate downsizing is a fact of life, and 
within that reality, still the Clinton administration has been able to 
produce millions of jobs.
  Mr. SOLOMON. If the gentleman will yield further, 400 jobs moving to 
Mexico is not downsizing. It is a disaster.

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