[Congressional Record Volume 150, Number 97 (Wednesday, July 14, 2004)]
[House]
[Page H5659]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           ECONOMIC RECOVERY

  (Mr. McDERMOTT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. McDERMOTT. Mr. Speaker, in the coming months, we are going to 
hear a lot of talk from our Republican friends about an economic 
recovery. No doubt they will use statistics to claim that the 
President's economic policies are working, but do not go telling that 
to the middle-class families in my district about a recovery, because 
they have not seen one.
  Since the President was inaugurated, America has lost 1.8 million 
jobs in the private sector. Mr. Bush is in a race with Mr. Hoover to 
have the worst administration in this last century.
  Most of the few new jobs we are creating pay lower wages than the 
national average, most come without health care benefits, and yet the 
President still maintains his economic policies, cutting taxes for the 
wealthy and outsourcing jobs, are the way of solving the problems.
  The American people know better. The President can say things are 
looking up. He can repeat that line over and over and over and over 
again, but he cannot hide the truth. The economy is still in trouble.
  Fortunately, in 111 days, the Americans will get a chance to let the 
President know about how they feel about his economic recovery. When 
they do, the President will be packing his bags and heading back to 
Texas. November 2 is coming, Mr. Speaker.

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