[Congressional Record Volume 158, Number 55 (Tuesday, April 17, 2012)]
[House]
[Page H1897]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
JOBS
(Ms. FOXX asked and was given permission to address the House for 1
minute.)
Ms. FOXX. Mr. Speaker, the March employment report continues to show
us that the Federal Government has not been helping to create jobs in
our economy. A Wall Street Journal editorial from April 9 highlighted a
few examples from the report. Here is one extremely startling
statistic:
The labor force participation rate--or the share of
civilian population that is working--dropped again to 63.8
percent. In March, 2009, a month after the $800 billion
stimulus passed Congress, the labor participation rate was
nearly 2 percentage points higher, at 65.6 percent.
This is a prime example that continuously throwing money of
hardworking taxpayers that the Federal Government takes from them at
the problem will not solve it. We need real solutions that will
stimulate our proven economic engine: small businesses. That's why I
support the Small Business Tax Cut Act that will help 22 million
hardworking small businesses retain and create more jobs.
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