[Congressional Record Volume 157, Number 86 (Wednesday, June 15, 2011)]
[House]
[Pages H4191-H4192]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
WE NEED TO GET PEOPLE BACK TO WORK
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Illinois (Mr. Kinzinger) for 5 minutes.
Mr. KINZINGER of Illinois. Mr. Speaker, last September President
Obama referred to America's small businesses as the ``anchors of our
Main Streets.'' Unfortunately, economic data released on Wednesday
proved that the President's actions speak louder than words. The failed
policies of the Obama administration have left small businesses
struggling.
According to the National Federation of Independent Businesses,
confidence in small business has dropped into recessionary levels. And
the reason? Small businesses will tell you that their economic
uncertainty is caused by low sales, high taxes, and burdensome
government regulations.
Now, I hail from the State of Illinois. Let me tell you a little
story about Illinois. Illinois just went and raised its
[[Page H4192]]
personal income tax level and it raised its corporate tax level. So, as
a result of this, just a few days ago, we saw The Wall Street Journal
put out an editorial which basically said Illinois has raised $300
million in revenue because of the corporate tax increase. Oh, but
however, because of the businesses threatening to leave Illinois,
they've already spent $240 million in giveaways to corporations to keep
them there.
This idea, this thing that we've been on over the last couple of
years of tax, borrow, and spend our way to prosperity isn't working. I
remember when the President's economic--well, you know what? In my own
home district, unemployment exceeds 11 percent in many of the counties.
People are asking me: What are you doing to create jobs? Well, I tell
them this: Look, the Federal Government can do one thing. We can create
an environment for job creation, but the Federal Government doesn't
create jobs, and that's been the problem, because in the last 2 years
we've been counting an $800 billion stimulus as a miraculous job
recovery bill.
In fact, the President promised that by this time unemployment would
be 6.7 percent. How's that working out? The President's team promised
that if we passed an $800 billion stimulus bill unemployment would
never exceed 8 percent. We saw it approach 10 percent, and now it's
back on the rise again.
Mr. Speaker, you don't solve our jobs problem by spending more money,
because we spent money, and where are the jobs? Where are the jobs?
What we need to do is to understand that jobs are not created by this
body, but they're created by the private sector, by the folks who get
up every day and they put their minds together. They come up with an
idea. They risk their capital. They risk their financial well-being,
and they hire somebody in hopes that this dream that they have
succeeds. In many cases, it doesn't. A lot of folks with an idea to
begin a small business are not successful, but then they get up and
they try again.
But if you talk to any small business owner, you talk to any
manufacturer in the United States, they will tell you that the biggest
impediment to job creation is government regulation and taxation.
Is there really anybody that believes--now, I understand some people
can argue we have to raise taxes to get more money to government,
fundamental disagreement, but I understand people can argue that. But
is there anybody that truly believes that raising taxes creates jobs?
Is there anybody who really believes that? And what's the number one
issue we have right now.
We want to take people, the almost 10 percent, the 9.1 percent of
folks in this country that desperately want to have a job, we want to
take them from a tax recipient to a taxpayer because they want to be a
taxpayer, too.
The definition of insanity is doing the same thing over and over and
over and over and over and expecting different results each time. But
you're going to get the same result. When this body spends money, when
we spend $800 billion on a stimulus, we've got nothing but a future of
debt, doubt, and despair. Well, I believe we have a future in this
country that's prosperous, that never accepts second best.
There's a lot of youth watching here today, but you have a job when
you graduate from college, a country that never accepts anything less
than being a world leader, and I believe we never ever accept second
best. So when we talk about what to do in the future, we need to talk
about the most important thing. We do have to rein in spending, but we
have to get people back to work, and more and more spending isn't going
to do that.
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