[Congressional Record Volume 156, Number 114 (Friday, July 30, 2010)]
[Extensions of Remarks]
[Page E1513]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          WHERE ARE THE JOBS?

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                          HON. JEB HENSARLING

                                of texas

                    in the house of representatives

                         Friday, July 30, 2010

  Mr. HENSARLING. Madam Speaker, the American people want to know: 
where are the jobs?
  I do not understand why the Obama Administration and Congressional 
Democrats have pursued jobs-killing policies such as a government take-
over of health care, a national energy tax, a financial regulatory bill 
that enshrines us as a bailout nation; and are doing nothing to stop 
the largest tax increase in American history scheduled for the end of 
this year. These policies have injected uncertainty into the economy, 
causing nearly $2 trillion in private capital to stay on the sidelines.
  We just learned this morning that in the 2nd quarter this year, GDP 
grew at 2.4%. While this is better than no growth, it is down from the 
3.7% in the first quarter. This recovery defies conventional wisdom, 
which is the deeper the recession, the stronger the recovery.
  The Obama Administration and Washington Democrats have declared their 
stimulus bill and other economic policies a success. However, the 
American people have declared them a failure.

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