House Chamber, Washington, D.C.
February 4, 2009
M. Speaker:
The mantra we hear from the Left is that government - rather than the productive sector - needs to create new jobs. According to our new President, the $825 billion spending bill will create 3 million new jobs.
That sounded pretty good to me at a time when our economy is hurting so badly, until I pulled out a pocket calculator and did the math. Three million new jobs for $825 billion. Ladies and Gentlemen, 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 he - himself - says will be created.
Madam Speaker, we don't 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.