[Congressional Record Volume 164, Number 94 (Thursday, June 7, 2018)]
[House]
[Pages H4858-H4859]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX CUTS CREATE 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, last month, I visited
Dempsey Wood Products in Orangeburg, South Carolina, to get a firsthand
look at the positive impacts of the tax cuts creating jobs.
Owner Parker Dempsey explained that they were able to expand their
business due to the tax cuts. Dempsey Wood Products will be able to
launch a $15 million project, creating jobs.
Mr. Dempsey explained that: ``. . . we will have new equipment and
the best technology. The plan is to get it up and going and start a
second shift, and probably add another 40 jobs.''
Since President Donald Trump took office, the economy has created
nearly
[[Page H4859]]
3 million jobs. The numbers of employed persons are the highest ever in
the United States. The unemployment rate has fallen to 3.8 percent,
matching the lowest level in 50 years. African American and Hispanic
unemployment rates have reached record lows, and the unemployment rate
for women has fallen to the lowest level since 1953.
The National Federation of Independent Business, NFIB, small business
optimism index is at one of the highest levels in 45 years. I
appreciate the leadership of NFIB Director Ben Homeyer.
In conclusion, God bless our troops and we will never forget
September the 11th in the global war on terrorism.
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