[Congressional Record (Bound Edition), Volume 160 (2014), Part 12]
[House]
[Pages 17506-17509]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           DEPARTING MEMBERS

  The SPEAKER pro tempore. Under the Speaker's announced policy of 
January 3, 2013, the Chair recognizes the gentleman from New Jersey 
(Mr. Pascrell) for 30 minutes.
  Mr. PASCRELL. Mr. Speaker, I would like to say to the gentleman from 
Georgia, before he leaves the floor, that I wish him the best of luck, 
Doc. And I wish the other Doc, the gentleman from Washington who has 
already left the floor, the best of luck. The gentleman from New 
Jersey, Rush Holt, who is going to speak after me, is leaving as well.
  And I must say some things about all three of you, if I may, because 
you fit into these particular characteristics. The three of you are 
gentlemen. The three of you are real patriots. The three of you are 
civil in every respect. The three of you have a good sense of the 
Congress. The three of you have a great respect for the institution. 
And you will be missed.
  God bless you. Godspeed. And good luck to you and your families.


                          The American Economy

  Mr. PASCRELL. Mr. Speaker, I rise today to discuss the state of our 
Nation's economy. I have been waiting for this opportunity, Mr. 
Speaker. This is the time to do it.
  Six years ago, when President Obama raised his hand on the steps of 
the Capitol of the United States of America and was sworn in as 
President, we were losing over 800,000 jobs every month, and these were 
mostly middle-income and lower-income Americans who were out of work. 
In the final 6 months of President Bush's administration, we lost 3.5 
million jobs. By the time the recession was over, 8.8 million Americans 
were out of work. The ending of that recession technically was in June 
of 2009, but we did not start to create new jobs until March of 2010, 
and many of those jobs came from the census that was going on that 
year.
  Our country's gross domestic product, GDP, in the fourth quarter of 
2008--the last months of President Bush's administration--decreased by 
8.9 percent. That is an unbelievable number. And President Bush was not 
solely responsible; we all shared in our financial demise. We have been 
digging ourselves out of this deep, deep hole ever since, with almost 
no help from our friends on the other side.
  And I am glad my friend from Georgia mentioned that legislation that 
we passed in 2003, plan D. Because right after we lost that debate and 
lost that vote, we became part and parcel of that legislation which had 
been democratically passed in this House, although we didn't like it. 
We cooperated. We didn't try to undercut. We did not try

[[Page 17507]]

to minimize. But the record will show that Democrats stood up, shook 
off their loss, and became part of what American democracy is all 
about. We cooperated.
  Now, what have we had from the other side of the aisle? We have had 
no cooperation. We have had very little goodwill. We have had, simply 
speaking, no poetry whatsoever. In fact, just the opposite. We have 
seen the seeds sown in division, in fear, in disharmony.
  The American Recovery and Reinvestment Act, which passed in February 
of 2009, our first response to the crisis, received zero votes from our 
friends on the other side of the aisle. We know now that this bill 
saved or created 3.6 million jobs in this country, although it was far 
too small to dig us out of the hole. But we were on our way.
  The Affordable Care Act will allow a new generation of entrepreneurs 
to create a business, provide incentives for small business to offer 
health insurance, and attract qualified employees, even cut health care 
costs growth to unheard of levels, freeing up cash so that businesses 
can invest more and hire more workers--again, zero votes from our 
friends on the other side.
  And then when you lose, you undermine as much as is humanly possible.
  Where was the other side of the aisle when the unemployment insurance 
for long-term unemployed expired, cutting off 3.6 million Americans, 
including 350,000 veterans, at the end of September of 2014? When we 
had lost over 550,000 government jobs, dragging down our economy, our 
entire economic recovery, instead of working to keep people on the job, 
my friends on the other side of the aisle were pushing more and more 
disastrous, job-killing budget cuts.
  And, Mr. Speaker, let me say this: The record will bear me out. We 
now have the lowest number of Federal employees, the lowest amount of 
employees, since 1966. So when our friends on the other side talk about 
Big Government, they ought to know about it since they created it. We 
have had the lowest amount of Federal workers. And for the last 5 or 6 
years, many of those workers--forget about us--have not even gotten a 
cost of living increase.
  So you can understand very clearly why the American people are 
frustrated with the pace of our recovery. And in many ways, I share 
their frustration. It has taken far too long, and the fruits of the 
recovery have not been equally distributed.
  During the recovery, incomes have been flat for the vast majority of 
Americans while the folks at the top of the income scale are doing 
better than ever. No one should try to undermine anybody making a 
living and a good living, but everybody should be part of making sure 
that there are shared fruits on the line and everybody gets a chance 
and an opportunity.
  The stock market is up over 165 percent since the low it hit at the 
depths of the recession. While stocks have fully recovered and continue 
to set record highs, the job market has lagged behind, not recovering 
all the jobs lost in the recession until just 6 months ago, 5 years 
after the recession officially ended.
  In my home State of New Jersey, total employment is still well below 
where we were at the start of the recession. There are over 130,000 
fewer jobs in New Jersey than in December of 2007. Our unemployment 
rate is nearly a full point higher than the national average. Take heed 
what happens to your own State, never mind what happens in other 
States.
  Wages have also been stagnant, stuck at around 2 percent for the last 
few years. If wage growth had been a more robust 4 percent--enough to 
factor in inflation and growth in productivity--the average worker 
would be making more than $3 more per hour today than they are. That is 
a fact. It is undeniable.

                              {time}  2100

  It is undeniable. This is because, for example, during the first 3 
years since the end of the recession, the top 1 percent of Americans 
captured 95 percent of the entire country's income gains. This wage 
stagnation didn't just start with the recession.
  Incomes for the middle class had been stagnant for the past 15 years, 
and if you adjust for inflation, middle class wages are lower than they 
were in 1989. That is a fact. There are many reasons for the middle 
class to feel like they are left out, like the recovery has left them 
behind. It is because the entire economy is leaving them behind.
  This year, it seems like we may have finally begun to turn that 
corner, and our economic recovery is still and really accelerating. 
Last week, the Bureau of Labor Statistics reported that the economy 
created 321,000 jobs.
  That makes for 57 straight months of job growth, the longest streak 
of consecutive months of job creation on record for a total of over 
10.9 million new jobs. For the last 10 of these months, we have created 
over 200,000 jobs per month. That is the first time we have had a 
streak of that with robust job creation since the 1990s.
  The 321,000 jobs created in November brings the total number of jobs 
created just this year to 2.65 million jobs, so with 1 month to go, we 
have already created more jobs--get this--than any year since the 
1990s. Now, those are some of the statistics about the job numbers you 
might read in USA Today.
  Manufacturing is the linchpin of our economy, adding 28,000 good-
paying jobs just last month for a total nearly of three-quarters of a 
million new jobs. Wages, as I mentioned, have been stagnant. You will 
see a nice monthly gain of 0.4 percent.
  We have not had a month this year when wages have fallen, and for the 
first time since 2008, we have had 4 months where they have grown at 
least 0.3 percent. The average workweek increased to 34.6 hours, 
meaning more workers are finding full-time employment, instead of part-
time jobs.
  According to the Labor Department, we are seeing increasing churn in 
the job market with the highest number of employees being hired for 
jobs and voluntarily quitting their jobs since early 2008. This means 
more workers are confident enough in the job market strength to leave 
and look for a better opportunity.
  The first week average of weekly jobless claims has been below 
300,000 for the last several months, another welcome sign, and 
according to the Commerce Department, construction spending increased 
1.1 percent in October, including a 1.8 percent increase in home 
building.
  Total construction spending is up 3.3 percent from last year, part of 
the reason why unemployment amongst construction workers has fallen 
from 8.6 percent to 7.5 percent for the last year.
  I say to the American people: we know it has been a long, tough road 
over the last couple of years and the last couple of decades; we know 
many of us have been frustrated that it has taken so long to get back 
on our feet, but today, the American worker is the strongest in the 
world.
  We should feel good that not only are we on the right track, but we 
are moving faster. The only thing now that could hold us back is if we 
sabotage the economy by returning to some of the favorite old tactics, 
shut the place down, shutting down the government, or defaulting on our 
national debt. We are now only 1 day away from shutting down the 
government.
  The last time, the tantrum over defending affordable care cost us $24 
billion. I don't know who the austere party is. I don't know who the 
party is that is going to watch every dime that is being spent. Twenty-
four billion dollars is not chump change, and that resulted in 120,000 
fewer jobs being created. We are going to have to be a little bit more 
creative than just shutting down the government. Maybe they will only 
try to shut down parts of the government.
  But this pales in comparison to the negative economic impact of 
brinkmanship over our country's debt ceiling. We all know just how 
devastating actually refusing to raise the debt ceiling could be.
  Credit markets would freeze, interest rates would skyrocket, and the 
dollar would crash. Even the possibility of hitting the debt limit does 
serious

[[Page 17508]]

damage for our economy. The first time we did this back in 2011, 
consumer confidence declined to levels not seen since the Lehman 
Brothers collapsed in 2008.
  Business uncertainty is not what we need. That has led to a slowing 
of job growth, and our credit rating was downgraded for the first time 
in our history. All of these economic wounds were self-inflicted.
  To his credit, the new majority leader, Senator McConnell, has stated 
he doesn't want another shutdown or default in our debt. However, as 
our Speaker, Mr. Boehner, has learned that sometimes the leader of the 
party will have a hard time keeping his troops in line. Every leader 
finds that out.
  With our recovery finally picking up steam, the ideologues must cast 
aside their mentality of legislating by taking the economy hostage. 
This includes not only our debt ceiling and averting a government 
shutdown, but also the myriad of other deadlines Congress must deal 
with in the new year: the expiration of the highway funding, preventing 
a cut in Medicare payments to doctors, and expiring tax provisions.
  Republicans and Democrats must come together really to tackle these 
issues in a way that accelerates our ongoing recovery. We simply cannot 
get caught up in the endless brinksmanship and bickering that has 
defined the past 4 years.
  Failure to do so would be an insult to the middle class who are just 
starting to see the fruits of recovery in their pocketbooks. 
Unemployment is finally down to the lowest rate in years, and we saw a 
big jump in hourly earnings in this past week.
  Combined with the continued drop in gas prices, not once did I ever 
see someone come to this floor and give the President credit for 
anything on the other side--not once--whether it was falling gas 
prices--and we know what happened when the prices went up a few years 
ago. Not once did we see anything about the 321 new created jobs. Not 
one person came to this floor.
  He has done a few things right, my brothers and sisters, believe it 
or not, and if you do admit it, nothing is going to happen to you. 
Believe me, nothing will happen to you.
  Combined with these gas prices going down, the positive impact of the 
President's immigration order, which will bring money into America's 
Treasury, we are on a track for a great year for the American worker. 
The best thing Congress could do to make sure that happens is simple: 
just get out of the way. I say that with all respect.
  Now, Mr. Speaker, it is my honor to yield to the gentleman from New 
Jersey (Mr. Holt).


          A Privilege to Serve in the House of Representatives

  Mr. HOLT. I thank my colleague, Mr. Pascrell from New Jersey, for 
underscoring the importance of what we do here in this House. Those are 
not just numbers on a page that he was quoting; those are people's 
lives and livelihoods, and we have work to do.
  As I prepare to wind up my service here after 16 years, I seek the 
indulgence of my friend here and our colleagues to make a few 
observations for the benefit of my constituents to whom I owe much.
  When people call my office, we answer the phone, ``Representative 
Rush Holt.'' Mr. Speaker, here in the House, for each of us, 
Representative is our title and our job description. It is an honor and 
a privilege for each of us to represent about three-quarters of a 
million people, to represent them here in the people's House, this 
House, that is the focal point of the U.S. Government laid out in 
article I, section 1, of the Constitution, right at the beginning.
  Despite all the well-publicized frustrations of this place, this 
House is the greatest instrument for justice and human welfare in the 
world. We are a central part of the most successful experiment in human 
advancement in history. We must not forget that.
  Speaking of not forgetting, we would all do well to develop a 
stronger sense of history, a sense among ourselves and our country. It 
is with a sense of history that we realize what progress we have made 
as a country.
  In this time of frustration and cynicism, we should take note: the 
success of America economically, culturally, and socially has not been 
an accident, and it was not destined. Our success derives from our 
chosen system of governing ourselves. Without a sense of history, one 
cannot recognize progress, and humans need a sense of progress.
  When I was first elected to Congress 16 years ago, some people asked 
me: ``Why would a scientist leave a good research institution to get 
into the muck of politics?'' The simple answer was that it was too 
important not to.
  Sure, it was satisfying to win an election in a district where many 
said it couldn't be done, where no one of my party had been elected in 
almost anyone's memory, but it was clear to me that this was not a game 
of politics; it was a fight to defend the soul of America.
  I came here an optimist about our country, our people, and their 
government, and I leave an optimist. I have had the help of many 
people, volunteers, staff and colleagues, smart, inspiring, tireless. I 
think of many.
  I will mention several by name: my wife, Margaret Lancefield; my 
chief and deputy chief, Chris Gaston and Sarah Steward; and looking 
back, I think of those who have died during my time here.
  As I speak here in glowing terms about our government, successes of 
this ingenious system of balancing competing interests, I would be 
obtuse not to recognize that many are discouraged about their 
government. Some politicians even foster distrust in government, taking 
people beyond the traditional healthy American skepticism to real 
destructive cynicism.
  In every era, there have been naysayers: ``The government is broken, 
special interests rule, and all politicians are corrupt.'' I know that 
is not true.
  I am reminded daily that through diligent and committed service to 
the people that a Representative can ensure that each person knows that 
she or he has a part in our democracy, a direct connection to his or 
her government, and that cooperative action, yes, government, benefits 
them.
  We must continually show our constituents that we are committed to 
always improving the mechanisms of good democratic government: voting, 
legislation, and addressing grievances.
  After eight terms, I look back with satisfaction at some things 
accomplished: preserving land and bits of history; improving 
educational opportunities; supporting education in science and foreign 
languages; expanding access to excellent health care, especially mental 
health care for our military veterans; protecting families' economic 
security in their nonwage-earning years; protecting postal workers when 
they are exposed to anthrax; enhancing the reliability, accessibility, 
and auditability of voting; strengthening civil protections of Muslim 
Americans and other minority groups; strengthening fairness in the 
workplace for LGBT workers; and increasing support for scientific 
research.
  Through it all, our primary job, I would say, has been to beat back 
the cynicism about our ability as Americans to govern ourselves. Of 
course, we understand that passing laws and appropriating money is only 
part of a Representative's work.
  I have taken opportunities to speak out about injustice, to extol 
people and programs that work well, to voice support for people who 
need a kind word and more, a little help. I present a vision for a 
government--not a government that vanishes, but a government that works 
for its citizens.
  Of course, not all problems can be fixed by government, but it can be 
reassuring and uplifting to people to know that other people have their 
backs and can help; yes, that is government.
  I continue to speak against intrusive surveillance by government that 
treats people as suspects first and citizens second. I have joined with 
others here to preserve our national legacies, our land and resources, 
a clean environment and to preserve memories of where we come from, and 
with my science background, I always try to present arguments based on 
evidence and open review.

[[Page 17509]]

  On many issues and in many votes, I have found myself outvoted and in 
a minority, but it helps to recall the words of Justice Ruth Bader 
Ginsburg who has spoken about the satisfaction in crafting a strong 
dissenting opinion with the hope or expectation that it will become the 
prevailing majority opinion.

                              {time}  2115

  I am reminded of many shortcomings and work unfinished. Others may 
succeed in reviving the Office of Technology Assessment to provide 
Congress with badly needed assistance. Others remaining in Congress may 
move our country appreciably toward more sustainable practices. My 
colleagues here may yet reform the intelligence community. And acting 
with the recognition that peace is the best security, others may work 
to move our Nation away from militaristic responses to so many 
problems.
  Again, this work over 16 years has been an honor and a great 
satisfaction. I thank my family and my staff. Especially, I thank the 
people of central New Jersey for this opportunity to serve.
  Mr. Speaker, I yield back the balance of my time.

                          ____________________