The Stimulus: Is That All There Is?

Floor Speech

Ms. FOXX. Mr. Speaker, this is an appropriate time to ask: Is that all there is?

Yesterday, President Obama's economic adviser, Christina Romer, testified before Congress' Joint Economic Committee on the so-called stimulus plan. Her testimony was illuminating. She indicated that the stimulus plan's greatest impact on economic growth happened between April and September of this year. We lost hundreds of thousands of jobs during each of these months.

How could they possibly consider this a success? If the greatest impact of the trillion dollar stimulus is behind us and we still experience a terrible loss of jobs, that seems the opposite of success.

This whole scenario reminds me of a Peggy Lee song from 40 years ago, called, ``Is That All There Is?''

Where are the jobs we were promised in this stimulus? According to President Obama's economic adviser, the main impact is behind us. Really? Is that all there is?

Republicans have better solutions to get Americans back to work that don't involve reckless, ineffective borrowing and spending that drive us further into debt. Americans deserve better.

Source