House of Representatives - October 6, 2004
Mr. Speaker, well, the Republican rhetoric about the economy does not match the reality on this issue either. New figures show U.S. companies announced layoffs of more than 100,000 people last month.
If that is not bad enough, the pace of new job postings plunged in September to a mere 16,000. This is the President's economic equivalent of Mission Accomplished. Over the third quarter, job layoffs topped a quarter of a million workers. That is 20 percent worse than the last quarter, and they call it progress. The September figure for layoffs was the largest number in 8 months, and they call it progress.
They cannot create a job, so they create a sound bite. They do the same thing in Iraq every day. Things are getting better, they explain, while the rest of America looks at the nightly news and wonders what in the world these people are talking about. Every night, they deny what is before their eyes.
They have not done the job. The record is clear, and so is the outcome. In 27 days, the American people will give the President and the Vice President bus fare out of town.
<<back to Newsroom
Revision date: May 10, 2005
