[Congressional Record (Bound Edition), Volume 158 (2012), Part 5]
[House]
[Page 6029]
[From the U.S. Government Publishing Office, www.gpo.gov]




                    PRESIDENT FAILS YOUNG AMERICANS

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Mr. Speaker, last Friday, the Bureau of 
Labor Statistics released the latest jobs report. Sadly, for the past 
39 months, our Nation's unemployment rate has remained at or above 8 
percent. It is gruesomely clear that the President's failed policies 
are not working for young Americans but, instead, are destroying jobs, 
with 54 percent of college graduates under 25 unemployed or 
underemployed.
  The most recent report confirmed that more than 500,000 of 
discouraged Americans have given up searching for a job in the last 2 
months. If the labor force remained the same size as 2009, when the 
President was sworn into office, our Nation's unemployment rate would 
be at 11 percent. The President's policies are failing young Americans 
with shrinking jobs and growing deficits with devastating interest 
payments.
  It is past time for the liberal-controlled Senate to take up the 
House Republicans' more than 30 bills which will help create jobs.
  In conclusion, God bless our troops, and we will never forget 
September the 11th in the global war on terrorism.

                          ____________________