[Congressional Record Volume 152, Number 52 (Thursday, May 4, 2006)]
[House]
[Page H2106]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BUSH ECONOMIC POLICIES
(Mrs. MALONEY asked and was given permission to address the House for
1 minute and to revise and extend her remarks.)
Mrs. MALONEY. Madam Speaker, last week's economic news underscored
major flaws with the Bush economic policies. The economy is growing and
productivity is high, but the benefits of growth are showing up in the
bottom lines of companies, not in the paychecks of American workers.
Last Friday, while the Commerce Department reported a rebound in GDP
from a weak fourth quarter, the Labor Department reported that a key
measure of the compensation paid to workers failed to keep up with
increases in the cost of living. The typical family is seeing its
economy squeezed by rising costs of gasoline, health care, and college
educations.
The President and his colleagues on the other side of the aisle are
more interested in fiscal policies that worsen the budget deficit than
in addressing the real economic challenges that are facing America's
working families.
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