[Congressional Record Volume 156, Number 71 (Wednesday, May 12, 2010)]
[House]
[Page H3314]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ECONOMY TRENDING IN THE RIGHT DIRECTION
(Mrs. MALONEY asked and was given permission to address the House for
1 minute.)
Mrs. MALONEY. Mr. Speaker, this is a chart prepared by the Joint
Economic Committee, which I call the V chart--not for victory, or total
victory, but it certainly shows success and that we're trending in the
right direction in our economy. The red bars on the chart represent the
job losses under the prior administration. The last month of the Bush
administration, this country lost over 770,000 jobs. The blue bars
represent the record of the Obama administration as we recover from the
depths of an inherited economic disaster.
There is still much left to do as we recover from the great
recession. Millions of Americans still suffer. But if we wish to avoid
repeating history, we should first remember and understand it. The
policies of the past drove our economy down. The policies of this
Congress have begun to lift it up. You can see it here very clearly in
a V and in red, white, and blue.
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