[Congressional Record (Bound Edition), Volume 154 (2008), Part 13]
[House]
[Page 18395]
[From the U.S. Government Publishing Office, www.gpo.gov]




 REPUBLICAN FAILURES ON THE ECONOMY; WE CANNOT AFFORD MORE OF THE SAME

  (Ms. EDWARDS of Maryland asked and was given permission to address 
the House for 1 minute.)
  Ms. EDWARDS of Maryland. Mr. Speaker, Americans everywhere are paying 
the high price of 7 years of failed Republican economic policies that 
have favored the wealthiest few and the big corporations at the expense 
of middle class families, including in my State of Maryland.
  Today, 3.4 million more Americans are unemployed than when President 
Bush took office 7 years ago. This year alone more than 600,000 jobs 
have been lost. Economists estimate that our economy must create at 
least 150,000 jobs every month. Well, this administration hasn't done 
that.
  The job losses that have occurred on President Bush's watch stand in 
stark contrast to the millions of jobs created under President 
Clinton's economy back in the 1990s. Over this same 8-month period in 
Clinton's second term, the economy created 1.4 million jobs, and we 
have lost 600,000 jobs under this administration just this year alone.
  Mr. Speaker, for 6 years straight, Washington Republicans implemented 
economic policies that favored the interests of Wall Street over the 
interests of Main Street. It's time for a dramatic change, one that 
takes us away from the failed Republican policies of the last 8 years 
and enables us to really tackle the challenges of the 21st century.

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