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Stimulate Productive Sector

Floor Speech

Date: Feb. 4, 2009
Location: Washington, DC
Issues: Government Budget and Spending


STIMULATE PRODUCTIVE SECTOR -- (House of Representatives - February 4, 2009)

Mr. McCLINTOCK. Madam Speaker, the mantra that we keep hearing from the left, that we just heard from the gentleman from New Jersey, that government rather than the productive sector needs to create more jobs.

Well, according to our new President and Members of this House, the $825 billion spending bill is going to create 3 million new jobs. I thought that sounded pretty good in an economy that is hurting like ours until I pulled out a pocket calculator and did the math: 3 million new jobs for $825 billion, that comes to $275,000 per job. That's by the President's own numbers, $275,000 that will have to be paid back, with interest, by average Americans for every job that he himself says will be created.

Madam Speaker, we do not need to stimulate government. Government continues to grow just fine. We need to stimulate the productive sector, and the best way to do that is to get off its back.


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