[Congressional Record (Bound Edition), Volume 154 (2008), Part 14]
[House]
[Page 19195]
[From the U.S. Government Publishing Office, www.gpo.gov]




                SEEING THE EFFECT OF REPUBLICAN POLICIES

  (Mr. DAVIS of Illinois asked and was given permission to address the 
House for 1 minute.)
  Mr. DAVIS of Illinois. Mr. Speaker, the truth is that from 2001 to 
2007, Republicans controlled all levels of power here in Washington. It 
was their opportunity to put the conservative economic ideas that they 
have been talking about for decades into law, and they did it.
  Today we see the effect of these policies. Middle-class families are 
being squeezed by wages that have actually fallen by $300 since 
President Bush took office, 3.4 million more Americans are unemployed, 
5.7 million more Americans are living in poverty.
  Foreclosure rates have hit a record high with 2.5 million families 
expected to lose their homes this year. The dollar remains weak because 
President Bush continues to borrow record amounts of money from other 
countries.
  This is the economy Washington Republicans created with policies 
towards the needs of the wealthiest few over those of hard-working, 
middle-class Americans. Now Senator McCain vows to continue those same 
economic policies if he wins the Presidency.
  That does not sound like change to me.

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