[Congressional Record Volume 164, Number 9 (Tuesday, January 16, 2018)]
[House]
[Pages H176-H177]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SOARING STOCKS
(Mr. WILSON of South Carolina asked and was given permission to
address the House for 1 minute and to revise and extend his remarks.)
[[Page H177]]
Mr. WILSON of South Carolina. Mr. Speaker, all American families
benefit when the Dow Jones Industrial Average closed at a record high
of nearly 26,000 last week. Students benefit as college endowments
grow, reducing tuition costs. Retirees benefit as their retirement
accounts appreciate. With increased liquidity, jobs are created for
small businesses.
It is undeniable that the stock market, with the positive leadership
of President Trump, has soared.
Rush Limbaugh was correct on his program today that the growth is
unprecedented. One year after President Trump was elected, the stock
market increased by 28.5 percent. Today, the Dow Jones hit another
record high, up over 7,200 points since the 2016 election. Since the
start of the year, the stock market has already reached six new record
highs.
I am grateful for the leadership of President Trump, who has tweeted
this achievement, with the leadership of Speaker Paul Ryan and House
Republicans. This has promoted economic growth through the anticipation
and enactment of bills creating immediate jobs, reduced regulations to
allow small businesses to begin hiring again, and reformed our Tax Code
so that families will be able to keep more of their hard-earned
paycheck.
In conclusion, God bless our troops, and we will never forget
September the 11th in the global war on terrorism.
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