[Congressional Record Volume 149, Number 58 (Thursday, April 10, 2003)]
[House]
[Page H3058]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
GETTING THE ECONOMY GROWING AGAIN
(Mr. WEXLER asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. WEXLER. Mr. Speaker, to get our economy growing again, we need
policies that encourage investment and job creation, especially in
high-technology industries like telecommunications.
Just this past month, FCC Chairman Powell tried to encourage more
facilities-based competition in the local exchange markets. That
balanced approach, however, was abandoned in favor of keeping most of
the old rules and regulations, despite predictions that it would
discourage plant upgrades, new network installation, and new jobs.
Surprisingly, the White House was silent when the plans of its own FCC
chairman were sidelined.
Mr. Speaker, the Clinton administration took a strong pro-growth,
pro-jobs approach in the technology and telecom sector. The Bush
administration, in contrast, seems wedded to an almost unchanging
policy of benign neglect. I have over 50 facilities and 900 workers in
my district that cannot tolerate this benign neglect. Under the present
administration, America has lost $2 trillion in the telecommunication
industry, computer investment has been erased, and 300,000 American
technology workers have lost their jobs.
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