I am pleased to be here with my colleague from New York, Representative Paul Tonko. I am Betty Sutton, and I proudly represent the 13th Congressional District of Ohio. I am a member of the Task Force On Job Creation of our caucus and, in…
I am pleased to be here with my colleague from New York, Representative Paul Tonko. I am Betty Sutton, and I proudly represent the 13th Congressional District of Ohio.
I am a member of the Task Force On Job Creation of our caucus and, in fact, I am the co-Chair. Mr. Tonko serves on that committee, and we are here today to talk about just that. We are here to talk about the need to create jobs, jobs, jobs in this country, both in the near term and for the long term that will be sustainable for our constituents and people across this great country.
As we move forward, we have to make sure that we secure an economy that will work for and with ordinary Americans, because we may recall that before the Bush recession began, the Republican recession began, the reality of it was we had an economy that wasn't working for many Americans already before it went off the cliff.
As we revitalize our economy, it's incredibly important that we don't just go back to the old ways where Wall Street ran rampant and Main Street suffered, but that we create and--facilitate, I guess, is a better word--facilitate an economy that will work for and with ordinary Americans, and that the prosperity of this great Nation and the promise of a middle class will be restored. That is what America is at its best, where the promise of a middle class is vibrant and well and thriving.
So before the recession, before the Republican recession hit, the reality is productivity and profits were up, and as I said, Wall Street was reveling. And ordinary Americans, what was happening to them? Their wages were flat, at best.
So the task force is here to say enough is enough. We need an economy that offers economic opportunity to people who live in neighborhoods across this country, who live in rural areas across this great country, not just those who make a living on Wall Street.
So, though the actions that we've taken already, the American Recovery and Reinvestment Act, have been helpful to many, and, in fact, the CBO has estimated, actually found that it has already created or retained 600,000 to 1.6 million jobs, we still have an unemployment rate that is staggering at 10 percent and nearly 16 million Americans out of work. So, far too many Americans across the country are without a job and far too many more are concerned about what tomorrow will bring. Forty percent of those who are unemployed have been jobless for at least half a year.
So we know, Representative Tonko and I, that we have to put people back to work, and it is not a simple task but it is an ongoing task. In fact, I'd say it's a mission because, you know, I have heard it said that we're in a jobless recovery.
Have you heard that, Mr. Tonko?
Representative Tonko, I know this is your first term, but it's hard to believe. I have to tell you, we are very inspired to have you here, and you didn't arrive a moment too soon.
The point that you make about the deficit, turning the surplus that was well established under President Clinton into such an extraordinary deficit under the last administration is a point that is a reality and, unfortunately, is one that we have to deal with; right? Because, you know, fighting two wars that weren't paid for and, as you point out, a lot of the costs done offline that weren't budgeted for.
But it wasn't just an economic deficit that was created; it was this jobs deficit that was created that we also are here to deal with not only tonight but until we resolve it. It has to be our mission.
Well, Representative Tonko, you put it well, and I know that you speak for your constituents and so many people out there in America who are feeling what we're speaking to and about. And you're absolutely right. They know that they cannot wait any longer, that we can't have inaction because inaction is far too expensive. It's far too expensive in not only lost wages, in, of course, being held hostage to foreign regimes that are unfriendly to us in the area of energy.
We need to pass measures, some of which we already know are tried and true and are necessary. We need to invest in things like our infrastructure, because we know that investment in infrastructure puts people to work right away and also is accomplishing the creation of real value.
You know, one of the things that was pointed out by you and is such an important fact about how we got to this level of a jobs deficit in this country was the loss of manufacturing and the loss of this country's investment in creating real value, and, instead, so much was put on Wall Street. Wall Street took hold of the opportunity, with very little hindrance on greed being the operative way of proceeding, and as a result, they ran rampant, creating pretend value, trading and pretend value. And as a result, in Ohio, for example, bad trade policies and this reckless way on Wall Street, the lack of attention to manufacturing and its importance to the strength of our Nation and, in fact, the national security of our Nation, Ohio, since 2001, lost hundreds of thousands of jobs. That was long before the recession began.
So we know that there are certain things that will help us, and, of course, the job creation task force supports this idea, that we have to build and strengthen our Nation's crumbling infrastructure. And I'm inspired by your words about the innovative spirit and all the potential that exists in this Nation. Well, some of that potential needs to be applied to our legislation, because while some of the ways that we have pursued things in the past are tried and true and we need to move forward in those veins that work, we also need to think creatively.
You talked about the environment. Representative Tonko, you're well aware that I was the sponsor of the CARS Act, which became known, affectionately, I hope, as the Cash for Clunkers bill. But the thing about Cash for Clunkers was it shot down the old paradigm that it's either about jobs or the environment. It was about jobs and the environment. And we shored up the jobs in the auto and related industries that people across this country depend upon for their livelihood and the ramifications and the ripple effects, taking people off of unemployment, giving them the dignity and the opportunity to work a job, and at the same time achieving improved environmental integrity and helping consumers to get something that they need during these difficult economic times, and it went right to them.
So it matters where you aim. No more just aiming at Wall Street, because we can't have a jobless recovery. There is no such thing, in my view, is there, Mr. Tonko, as a jobless recovery that's meaningful?
That's exactly right, Representative Tonko.
As you point out, these initiatives have massive effects for the good of the whole. You get the benefit of the R&D jobs, and you get the benefit of all of the spinoffs and the manufacturing. I mean, that is what built this country. That is what built this middle class that we aspire to.
I'm the youngest of six kids from a working class family. My dad worked in a boilermaker factory his whole life. Somehow, from those roots, in this great country, I was able to come to the House of Representatives of the United States. I take that responsibility so seriously because I know it's an unlikely story. It's an unlikely story that someone not born to wealth and privilege can sometimes come, in this great country, to a place like this to be a voice for people out there who only want a chance to do a hard day's work for a fair wage. We've gotten away from that in this Nation.
As to manufacturing, though, we might not make all of the things we used to make, but we will make other things--green energy products. We used steel to build the windmills, but right now, we're not using steel or our ingenuity, but there are so many out there in the United States with the capacity to do it and the desire to do it. They're just looking for a government that will work with them. That's what we're about--finding ways to work with them to accomplish these goals, to create the opportunity and to build the potential of this country that we all know that it has and that it shall always have.
So it is really a pleasure in the sense that the challenges are hard but that the potential is greater. The potential that we have before us outweighs the difficulties that we face, and we have to make that the case. That is our job here in Congress.
So I am glad to be down here tonight to talk about these issues with you because, among all of the highest of high priorities, in my view right now, as a Member of Congress, for the people whom I represent, it's jobs, jobs, and jobs.
Well, I am humbled by your words. You are very generous.
I have to say that there are those out there who, on the other side of the aisle--and sometimes we hear about how bad things are and, Oh, my goodness, but we don't hear solutions. You know what? It doesn't take a lot to identify the problems. The American people know what this recession has brought us. They know what happened as the deficit skyrocketed under the
last administration and when the Democrats took over from the Republicans, who were in control of everything for many, many years. Now all we hear sometimes is just about how bad it is. Well, how do you think we got here?
So we are about solutions, and we are about continuing to work on it until we accomplish what we need to for the American people, because nothing ever gets done just by identifying problems. We have to make things happen because we get the results that we create.
Right now, we are living and are trying to fix the results that were created, not by the party of ``no,'' as sometimes people refer to those on the other side of the aisle--because they weren't the party of ``no.'' They were the party in control. They were in control when wages were flat for the American people, when productivity was through the roof and when the GDP was rising as well. So people were working harder. They were working longer, and they were getting less.
In fact, Representative Tonko, I'm going to go down to the well here because I have a graph that will show exactly what was going on.
Representative Tonko, last year, when the so-called ``meltdown'' occurred, there were a lot of people where I live, as they listened to the experts say, Oh, we didn't see this coming, who were all saying, What? Are you kidding me? Because we've been living this for quite some time in Ohio.
Part of the reason they felt that way is that, if you look at this chart which is right here, it is entitled: Everyday people were struggling before the great recession began. Productivity, GDP, and median household incomes are reflected on this chart.
And what you will see is that while we saw for many, many years, while here is where our recession hits in a big way, according to the experts, what was happening as we built up to our big recession? Productivity and GDP were going through the roof, and this line down here with this big gap in between these two, this is what household incomes were.
That's a very descriptive way of explaining what happened. Wall Street was having a party and the American people were in many cases in the position of using credit even to pay for their most basic needs. Then, of course, we know what happened. There were a lot of people in this country who also were subject to ever-escalating fees and all kinds of issues that they faced as those credit issues mounted or they, for goodness sake, got hit with a health issue. Even those with insurance, we know so many were forced into bankruptcy. Why? Because their wages and everything were way down here. As productivity and GDP, somebody was making a lot of money, but it wasn't the American people.
Representative Tonko has put it very well in identifying that there are many facets to what we have to do to provide the economic opportunity that the American people need and deserve.
What we see here is that even before the recession, they weren't getting the economic opportunity that they need and they deserve, because their wages were flat, while those at the top were, as I say, reveling in the process and their productivity, the productivity of the American worker.
The gentleman from New York is right. It goes completely flat before it falls off the cliff. It has been a struggle for a long time, in no small part because of what you point out. I have heard it said that there was no sheriff and so people robbed the banks. Well, then there was no sheriff and the banks robbed the people. We saw some of that in recent times.
And the American people are smart. They know what was going on, and they know how the economy was working for them. Now it was working a little better than it is for a lot of people now, but the reality is they still deserve better. And so we don't really want to necessarily go back to this place where there's a big gap and all the wealth is concentrated necessarily up here with the American people still not able to get by working two or three jobs.
But it doesn't have to be that way. We want people to make money in this country. We want capitalism to flourish in this country. We want to facilitate that. But people who work and
contribute should be paid a fair wage, and they need to know the security of a job that is going to be there, that opportunity will be there for themselves and for their families, that they will have access to the health care coverage that they need.
That's a point I will yield on.
I thank the gentleman again for his generous words and his points that are right on the mark.
You started out by talking about the costs of health care and how they've been just skyrocketing as the American workers' wages and American families have been flat; the burden that that has placed on people and the fact of the matter has led so many into bankruptcy. We all know these stories. We all know about those who can't get the care they need when they need it, and it is because of cost.
We hear people out there, some of the same people who brought us the Republican recession and this economy where wages were so flat for ordinary Americans, and they talk about how we shouldn't do this health care reform. The reality of it is, well, you know, no health care reform really wasn't working for the American people whose costs continue to skyrocket; and if we do nothing, the costs are going to continue to skyrocket.
The same is true about energy. There are those who may argue about the merits of what we do, but to do nothing is going to result in the same results that we've gotten from doing nothing, or not taking aggressive action, that brought us the Republican recession. And energy costs are going to go up and up and up while this economy has remained down here.
The good news is, as we take action to fashion this mission of job facilitation for the ordinary American families in this country that are its great strength, that it doesn't have to be this way, that we can all prosper, those who make the most as well as those who are in the middle and those who aspire to the middle class. That's the great promise of this great country.
You've pointed out a lot of the things that we need to do, in investing, research and development and innovation and infrastructure. You've pointed out how other countries in the midst of this global recession are doing that. That, too, is a factor that we can't ignore. We cannot stand still in these days. And to those who participated in bringing us the Republican recession that ended not only in such an increase in the deficit in this country but also resulted in the jobs deficit in this country, some of those same people, Representative Tonko, will stand here and say that it should be all about jobs, that we should be working on jobs.
Well, we are working on jobs. And I know that the CBO has said that through the ARRA, that we have saved or created 600,000 to 1.6 million jobs. And I say to those who have been complaining about jobs, who didn't vote for the American Recovery and Reinvestment Act, who brought us the skyrocketing deficit and the jobs deficit of the Republican recession, you didn't vote for the ARRA, so how many jobs have you delivered or saved for the American people in this short time as we pursue, as Americans, not as Democrats and Republicans, but as Americans, a path to recovery for ordinary families who need and depend upon us?
Representative Tonko, we thank you for your leadership of all those you represent in New York and all those you speak for across the country. This is something that we can do in this great Nation, and we can do it together. We can do it. All of us within this Chamber have an interest in seeing our country prosper, and that's what the job creation task force is all about. And we will be back. We will be working in the meantime to make sure that we realize and we do our part to put forward the economic opportunity that the people that, as I said, we're so very honored to serve and represent, what they need and what they deserve.