President Fails Young Americans

Floor Speech

Mr. WILSON of South Carolina. Mr. Speaker, last Friday, the Bureau of Labor Statistics released the latest jobs report. Sadly, for the past 39 months, our Nation's unemployment rate has remained at or above 8 percent. It is gruesomely clear that the President's failed policies are not working for young Americans but, instead, are destroying jobs, with 54 percent of college graduates under 25 unemployed or underemployed.

The most recent report confirmed that more than 500,000 of discouraged Americans have given up searching for a job in the last 2 months. If the labor force remained the same size as 2009, when the President was sworn into office, our Nation's unemployment rate would be at 11 percent. The President's policies are failing young Americans with shrinking jobs and growing deficits with devastating interest payments.

It is past time for the liberal-controlled Senate to take up the House Republicans' more than 30 bills which will help create jobs.

In conclusion, God bless our troops, and we will never forget September the 11th in the global war on terrorism.

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