[Congressional Record (Bound Edition), Volume 156 (2010), Part 8]
[House]
[Page 10689]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          ECONOMIC TURNAROUND

  (Mr. ALTMIRE asked and was given permission to address the House for 
1 minute.)
  Mr. ALTMIRE. Mr. Speaker, I would ask my friends to take a walk down 
memory lane and consider where our economy was at the beginning of last 
year compared to where it is today: 2009 had the biggest single year 
turnaround this Nation has seen in more than 30 years, going from 
negative 6 GDP in the first quarter of last year to plus 6 GDP in the 
last quarter. And we are currently in the midst of our fourth 
consecutive quarter of strong GDP growth.
  We have had positive job growth for six of the past 7 months, and the 
stock market, which bottomed out at 6500 just before we passed the 
stimulus, is over 10,000 today. Housing starts are up, consumer 
confidence is on the rise, the auto industry is coming back, and 
manufacturers are increasing orders and hiring back thousands of 
workers.
  No, everything is not where we want it to be or even where we need it 
to be, but things have gotten better, and there can be no doubt that 
the bold action of this Congress is the reason why.

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