[Congressional Record Volume 154, Number 117 (Wednesday, July 16, 2008)]
[House]
[Page H6581]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     MOVING TOWARDS A NEW DIRECTION

  (Mr. ALTMIRE asked and was given permission to address the House for 
1 minute.)
  Mr. ALTIMRE. Mr. Speaker, the American economy has lost nearly half a 
million jobs this year with six consecutive months of negative job 
growth. In fact, under this administration our economy has the slowest 
record of job growth since the Hoover administration, has added $3.5 
trillion dollars to the national debt and seen the value of the dollar 
plummet. Gasoline is $4.10 a gallon, the stock market has flatlined, 
the financial industry is in crisis, and the housing industry teeters 
on the brink.
  We simply cannot afford to continue the same failed policies of the 
past 8 years. And while Senator McCain's chief economist says that it's 
all in our heads, that the Americans are just whining about the 
economy, Democrats recognize the problem and are working to provide 
some relief. And though we lack cooperation from a President who 
doesn't share our values, we have shown leadership by overriding his 
vetoes four times now and counting.
  Democrats in Congress are leading the way and moving towards a new 
direction for our economy.

                          ____________________