Mr. WILSON of South Carolina. Mr. Speaker, Friday marks the 1-year anniversary of the current administration's ``Recovery Summer.'' The 3-month ``victory lap'' was designed to celebrate the fabricated success of the so-called ``stimulus'' plan. The reality of this victory lap is failure. Since passage of the stimulus, America has lost 1.6 million jobs.
Sadly, earlier this month, the Bureau of Labor Statistics announced more families are without jobs. The failed economic policies of this administration, with skyrocketing gas prices promised by the President, have slowed the growth of small businesses. These are America's primary job creators, especially the hospitality industry of hotels and motels which have promoted job opportunities for millions of persons across the country.
Tragically, over 14 million Americans are now without jobs. House Republicans presented the ``Cut and Grow'' congressional plan. It's common sense. First cut spending, then the economy will grow. That is the best way to produce jobs by small businesses.