[Congressional Record Volume 157, Number 113 (Tuesday, July 26, 2011)]
[House]
[Pages H5500-H5501]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
LET'S LEARN A LESSON FROM THE ``GERMAN MIRACLE''
(Mr. WILSON of South Carolina asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
Mr. WILSON of South Carolina. Mr. Speaker, on Friday, Dr. Milton Wolf
in The Washington Times reported, in the last 2 years, over 2 million
private sector jobs have been lost, that unemployment has increased by
1.5 percentage points, that the U.S. dollar is 12 percent weaker, and
that the long-term unemployment is the worst ever on record--and sadly,
the national debt has exploded by 40 percent.
At the same time the administration pushed the failed stimulus
spending here, the President urged German Chancellor Angela Merkel to
do the
[[Page H5501]]
same in her country. The Chancellor refused. Now, as a result of her
good judgment, Germany's economy has recovered. German unemployment
levels are reduced while over 14 million Americans do not have jobs.
The President should learn a lesson from the ``German miracle.'' The
solution is not for big government to keep borrowing and spending. Tax
increases destroy jobs.
In conclusion, God bless our troops, and we will never forget
September the 11th in the global war on terrorism. Our sympathy to the
people of Norway in the religious extremist mass murderers.
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