[Congressional Record (Bound Edition), Volume 156 (2010), Part 10]
[House]
[Page 13398]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          WHERE ARE THE JOBS?

  (Mr. GARRETT of New Jersey asked and was given permission to address 
the House for 1 minute.)
  Mr. GARRETT of New Jersey. Mr. Speaker, it's a little over 18 months 
since President Obama signed the so-called economic ``stimulus'' bill 
into law. To say now, as many of my Democratic colleagues continue to 
do, that this stimulus was somehow a success, that's really an insult 
to the millions of Americans who are now unemployed and continue to 
look for work.
  We've heard repeatedly from our business leaders and economists that 
one of the biggest impediments to job creation is what this Congress 
has been doing here every day. I mean, how can businesses be expected 
to invest and to create jobs when they read in the paper such things 
that our government is expected to run trillion dollar deficits as far 
as the eye can see, that banks will now have to conform to 243 new 
regulations because of that 2,300-page Dodd-Frank bill we just passed, 
and that next year we will experience in this country the largest tax 
increase in American history?
  And, also, the energy prices. Energy prices may skyrocket because of 
the House-passed cap-and-trade bill. And health insurance premiums, 
they were promised to go down, but they are going to increase because 
of the recently passed health care bill.
  Mr. Speaker, uncertainty is the enemy of economic growth. Thank 
goodness it's the August recess.

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