[Congressional Record Volume 155, Number 26 (Monday, February 9, 2009)]
[House]
[Page H1048]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ACCELERATING RECESSION
(Mr. POMEROY asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. POMEROY. Madam Speaker, last month the employment of George W.
Bush came to an end. Unfortunately, so did the jobs of nearly 600,000
Americans, hardworking men and women hit in every sector of our
economy, thrown out of work in the toughest recession to hit our Nation
in decades.
The job losses of January show that this is an accelerating
recession. We lost 1.7 million jobs in the first 10 months of 2008,
then almost 600,000 in the month of November, again in December, again
in January.
Look at this chart. This shows how this recession compares to the
other two. No easing of job loss, no end in sight.
We must pass a stimulus responding to this crisis. This is the worst
rate of job loss ever recorded. We must help Barack Obama, our new
President, respond to this economic crisis facing our Nation.
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