[Congressional Record (Bound Edition), Volume 151 (2005), Part 20]
[House]
[Page 27769]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         AMERICA'S WEAK ECONOMY

  (Mrs. MALONEY asked and was given permission to address the House for 
1 minute.)
  Mrs. MALONEY. Mr. Speaker, data released this Monday on productivity 
and wages show why the American people do not believe President Bush 
when he says our economic prospects are as bright as they have been for 
a long time.
  Yes, productivity is strong, and the economy is growing. But the 
benefits of that growth are showing up in the bottom lines of 
companies, not in the paychecks of the American worker.
  While productivity grew at a 4.7 percent annual rate in the third 
quarter, workers' pay, including their benefits, shrank at a 1.4 
percent rate. Americans are working harder and harder and producing 
more and more, but they are getting paid less. This is not a bright 
economy.

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