[Congressional Record Volume 151, Number 147 (Tuesday, November 8, 2005)]
[House]
[Page H10023]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1745
NEWS YOU WILL NOT HEAR ABOUT
(Mr. PRICE of Georgia asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. PRICE of Georgia. Mr. Speaker, while watching the nightly news
last night, I was shocked by the stories being reported or, more
accurately, by those stories that were not being reported.
What, you say. Well, during the month of October we added over 50,000
jobs to our economy. Hurricanes Katrina, Rita, and Wilma wreaked havoc
in cities across our gulf coast, displacing hundreds of thousands of
people from their homes and jobs.
During this time, our economy was still able to continue to grow in
the face of these tragic events. Our Republican policies worked to
stimulate the economy. Job creation averaged 194,000 per month for the
year prior to Hurricane Katrina. Third quarter GDP increased by 3.8
percent, capping 10 quarters of growth in a row. Yet you would not know
it unless you searched deep past the front pages of your local papers.
There have been increases in new and existing home sales, declines in
unemployment, and increases in business investment. All good news.
Mr. Speaker, an examination of the facts makes it quite clear.
Republicans have a plan to reform the Federal Government and increase
savings for all the American people.
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