[Congressional Record Volume 149, Number 121 (Friday, September 5, 2003)]
[House]
[Page H7952]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE TROUBLED BUSH ECONOMY
(Mrs. MALONEY asked and was given permission to address the House for
1 minute and to revise and extend her remarks.)
Mrs. MALONEY. Mr. Speaker, this week we celebrated Labor Day. But for
9 million jobless Americans, there was no celebration at all, and
sadly, their ranks are growing.
Today's Wall Street Journal notes that employers cut jobs for the
seventh consecutive month in August, raising the total of job losses
since the start of the year to over 431,000. Since George Bush took
office, the number of unemployed Americans has grown by 3.2 million.
This is the most dismal record since Herbert Hoover. Worse yet, the
number of Americans experiencing long-term unemployment, which is
defined as over 27 months, has nearly doubled since George Bush took
office.
These are staggering numbers. A famous Republican once asked ``Are
you better off than you were 4 years ago?'' It seems very fitting to
ask now, are we better off than we were 3 years ago? The answer is a
resounding no.
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