[Congressional Record Volume 155, Number 2 (Wednesday, January 7, 2009)]
[House]
[Page H42]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE NEED FOR BIPARTISANSHIP IN THIS ECONOMIC CRISIS
(Mr. ADLER of New Jersey asked and was given permission to address
the House for 1 minute.)
Mr. ADLER of New Jersey. Madam Speaker, last year, our economy
experienced the weakest employment growth since the Great Depression,
causing more and more families across the country to feel financially
strapped. The U.S. economy lost hundreds of thousands of jobs in the
first eleven months of 2008, and we heard bad news this morning about
December's reports. The employment rate last year reached the highest
level since 1993, and it could get worse, and those who managed to keep
their jobs are experiencing stagnant and falling wages.
Americans are concerned about their futures as debts continue to
mount, as bills pile up and as parents worry that their children won't
have the same opportunities they had. Small businesses are an integral
part of getting this economy moving again. We must ensure that we take
appropriate action to assist small businesses and to restore our
economic engine of growth. Small businesses represent the backbone of
this country and of America's unwavering entrepreneurial spirit.
Madam Speaker, we must address our economic challenges quickly, and
we must work in a strong bipartisan fashion to relieve the financial
strain Americans feel every day. We must work immediately to pass an
economic recovery package.
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