[Congressional Record Volume 156, Number 23 (Tuesday, February 23, 2010)]
[House]
[Page H657]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1230
WORKING TOGETHER FOR JOBS IN AMERICA
(Mr. COHEN asked and was given permission to address the House for 1
minute.)
Mr. COHEN. Mr. Speaker, indeed, it's been 1 year since the American
Recovery and Reinvestment Act passed without a Republican vote in this
House and maybe only one in the Senate, and we've heard a lot of
vitriol here today about it. The fact is almost every economist,
including Mark Zandy who advised the Republican candidate for
President, have said it helped. It helped in a major way our country
from falling off a precipice into another Great Depression. A difficult
vote, but a needed vote. And 95 percent of Americans received tax
breaks, things that the other side of the aisle normally is much in
favor of, but for 95 percent of America they didn't care and they
didn't vote for it.
The fact is there were three-quarters of a million jobs lost in the
last quarter of President Bush's administration; in the last quarter of
President Obama, there were just 35,000. The stock market has gone up
by 50 percent since President Obama came into office and the jobs
stimulus program was passed. There has been improvement.
We had a great crisis, and we were in a ditch, and we are digging our
way out, but we are only doing it in one part of the House. We need to
work together in a bipartisan measure for jobs.
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