[Congressional Record Volume 149, Number 89 (Tuesday, June 17, 2003)]
[House]
[Page H5448]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INVESTMENT IN OUR NATION'S INFRASTRUCTURE
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Illinois (Mr. Lipinski) is recognized for 5 minutes.
Mr. LIPINSKI. Mr. Speaker, our transportation system is second to
none, but let us not sit on our hands. We still have room to improve.
Thanks to the leadership of President Eisenhower, and thanks to his
experience under the vision of General John Pershing, we have the
interstate highway system. Just as this Nation made a choice a half
century ago, we need to make a choice again today. We need to make a
decision. We must decide if we want to continue the legacy of President
Eisenhower, General Pershing and other leaders who came before us. We
must decide to make a major commitment to fund our Nation's
infrastructure needs.
As I have said before, I will say it again tonight, we have study
after study. We have pages and pages of numbers. We have the proof. The
issue is no different now than it was 50 years ago under President
Eisenhower. Our transportation needs continue to grow, and we need to
find a way to adequately fund those needs.
The needs are many, but the answer is simple. We need to invest more
in our transportation system. Here, however, in today's economy, the
problems and needs are not only just with our transportation system.
In today's economy, where corporate profits inch up, we still have a
6 percent unemployment rate. The other numbers are even grimmer: 9
million unemployed Americans; 5 million underemployed Americans; and 2
million Americans have been out of a job for 6 months; 4.4 million
Americans have just completely given up even looking for a job, and
they have left the workforce altogether.
In today's economy, we simply have to think about more than just TRB
studies, government lingo, conditions and performance reports and
bureaucratic infighting, things that probably do not matter a great
deal to many Americans. What we must do is to start thinking about the
sluggish economy. We have to start thinking about and talking about how
the loss of jobs and the 6 percent unemployment rate creates real
problems and real economic hardships in the lives of millions of
Americans, American workers who just are not working because they
cannot find good jobs. There are not good jobs out there.
Even better yet, let us start doing something about it because we are
in a position to do just that. The concept of the expansionary fiscal
policy is nothing new. It has worked before and it will work again. It
is the basic economics of pump-priming the economy.
According to the U.S. Department of Transportation, each $1 billion
invested in infrastructure creates 47,500 jobs and 6.1 billion in
related economic activity. With a 6 percent overall unemployment rate
and an 8.3 unemployment rate for construction workers, there is no
better economic stimulus package than the $375 billion public works
bill, plain and simple.
It is a jobs bill that will put jobs back in the American economy and
put American workers back to work.
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