[Congressional Record Volume 150, Number 92 (Wednesday, July 7, 2004)]
[House]
[Page H5203]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           JUNE JOBS NUMBERS

  (Mr. PALLONE asked and was given permission to address the House for 
1 minute.)
  Mr. PALLONE. Last month, President Bush presided over an economy that 
created only 112,000 jobs, but we have to create 150,000 jobs just to 
keep up with population increases.
  One would think this disappointing news would concern President Bush. 
Instead, Bush embraced the news, describing it as ``steady growth.'' 
The President also had the audacity to say our economy does not need 
``boom or bust-type growth.''
  When is President Bush going to realize that our economy desperately 
needs a boom; that the failed policies he has been touting over the 
last 3 years are not creating enough jobs to put millions of Americans 
back to work; that today's economy is benefiting the wealthiest 
Americans to the detriment of the middle class?
  The economic record of both President Bush and congressional 
Republicans is an utter failure, and the President's statements show 
that he is also clearly out of touch with the economic realities that 
middle-class Americans presently face. Perhaps President Bush has been 
spending too much time hanging out with his wealthy friends to realize 
that middle-class Americans are struggling to make ends meet.

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