[Congressional Record Volume 155, Number 27 (Tuesday, February 10, 2009)]
[House]
[Page H1089]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SOMETHING MUST BE DONE TO STIMULATE OUR ECONOMY
(Mr. SHUSTER asked and was given permission to address the House for
1 minute.)
Mr. SHUSTER. President Obama said that something must be done to
stimulate our economy, and I wholeheartedly agree. Unfortunately, my
colleagues on the other side of the aisle must have thought President
Obama said spend $1 trillion of our children's and grandchildren's
money on programs that drive up the national debt and do little to
stimulate the economy.
The fact is, little of the dollars spent in the Democratic stimulus
actually creates jobs. But for every $1 billion we spend on
infrastructure, 30,000 jobs are created; however, the Democrat stimulus
package has less than 10 percent that they are spending on a proven job
creator.
Instead of accepting a bill that is long on waste and short on
substance, House Republicans have an alternative that provides lasting
long-term tax breaks to help hardworking families, home buyers and
small businesses through these difficult times.
Basic economics teaches us that high Federal spending will
dramatically increase inflation.
Madam Speaker, the American people do not need Congress to add to
their list of economic problems. We must address the true problems at
hand and fix our economic crisis, not quench the Democrats' thirst for
more big government.
The Republican approach will work to pull our economy out of this
recession. It's time to put politics aside and put Americans first.
It's time to adopt the Republican alternative.
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