[Congressional Record Volume 157, Number 148 (Wednesday, October 5, 2011)]
[House]
[Page H6566]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HOUSE REPUBLICANS CONTINUE TO LEAD THE WAY PROMOTING JOBS
(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, yesterday, Federal Reserve
Chairman Ben Bernanke, a native of Dillon, South Carolina, testified
before the Congressional Joint Economic Committee. He sadly stated that
economic indicators point toward a ``sluggish job growth'' and that the
so-called economic recovery is ``close to faltering.''
Chairman Bernanke went on to say the primary factor affecting
consumer confidence was the lack of job growth. He further
characterized the country's long-term unemployment rate as a ``national
crisis.'' This follows the President's admission Monday that voters are
not better off than they were 4 years ago. With failed policies, the
President needs to change course.
House Republicans have sent nearly 90 bills to the Senate for
consideration, but only 20 have passed the Senate. Much of this
legislation dealt directly with limiting spending, terminating failing
housing programs, and encouraging job creation.
In conclusion, God bless our troops, and we will never forget
September the 11th in the global war on terrorism.
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