Sure. Absolutely my pleasure, and, Mr. Garamendi, thank you for bringing us together during this coming hour so that we can address what is the most critical issue: the jobs and the economy. The American public speaks out overwhelmingly to…
Sure. Absolutely my pleasure, and, Mr. Garamendi, thank you for bringing us together during this coming hour so that we can address what is the most critical issue: the jobs and the economy.
The American public speaks out overwhelmingly to make certain that that is our highest priority here in Congress. In every public opinion survey that you have seen in the last several months, it's about jobs. It's the pledge that we have made since I've been here as a Member of this House. As Democrats in this House, we have been pushing the agenda for jobs. We believe there's no other higher priority.
I think of the 8.2 million jobs lost during the Bush recession when there was a willful neglect of the manufacturing sector, of the ag sector of our economy. It was dedicated and directed towards service sector, primarily the financial industry and the investment community. We know what happened. There was not stewardship over that arena. There was not the sort of watchdog application, and we allowed for many people to be hurt by that painful recession, where their lifetimes' worth of savings were invested through portfolios of investment on Wall Street, and because of the greed, they got brought down, and people were left hurting, losing their homes, losing their lifetime savings, and 8.2 million jobs lost to this American economy.
So we have got to turn that around. We have begun carefully with the programs and the policies, working with this President, starting in the 111th Congress over a year or two ago where we made certain that jobs, jobs, jobs were the highest priority. We put together a package a policies that would make certain that we would grow jobs in America.
We began with some very strong efforts to invest, through the Recovery Act, in those industries that need that sort of launching, that we could somehow take this clean energy agenda, their industry, the innovation economy, and make it work for America, and that affects people in the elements of trades on over to the Ph.D.s. And we saw what happened. In the last year, for instance, 1.5 million jobs added from the private sector column. Now our friends want to put on this cut in domestic programs that every think tank has forewarned would cost us jobs. In fact, many are suggesting 700,000 jobs would be lost if these cuts to the domestic investments that are so important to America's working families would be allowed to have happen.
So we need to go forward with a very thoughtful plan that enables us to not only grow jobs, in fact, jobs not yet on the radar screen, but to grow jobs in a way that can allow us to compete, and compete effectively, on the global scene, in that global marketplace; because I agree with the President on this notion: Whoever wins this race on clean energy, the global race on innovation, will become the exporter of energy intellect, energy ideas, innovation.
We saw it happen decades ago with the global race on space, and America embraced that with passionate resolve and said we are going to win this race; we're going to invest. President Kennedy set a tone that was a winning tone. It engaged everybody. We worked as a team in this country. People came together in a bipartisan, spirited way, and all we talked about was investing in science and technology and engineering. And guess what? We won that race because we embraced it with passionate resolve. And it wasn't just the poetry of landing a person, an American, on the Moon first where he was quoted as saying, One small step for man; one giant step for mankind, but it was the unleashing of several elements of technology that pervaded every sector of development out there from
health care to education to communications to energy generation.
And it was using new technology, making the difference by embracing that technological advancement.
We not only won the global race on space but created all sorts of technology, science and tech investment in our American industries and our American fabric. That made a difference. And that's the sort of synergy, that's the sort of focus, laser-sharp focus we need today; not the cutting and dismantling of R&D investments that enable us, empower us, give us the muscle to win the global race on innovation, but also to have the sort of human infrastructure developed through investments in education. That's where we need to be.
This conference, the Democratic conference in this House has made it its mantra: Make it in America. Bring it back. Rebuild America. Let's show the hope to the American public. Let's make a difference. Let's win this global race on innovation. We can do it. But we won't do it if we disinvest in America, which is happening on this floor. The attempts to disinvest in America will set us back.
Representative Garamendi, I would add to that public safety. We even dismantle the efforts to forecast tsunamis. We just saw the devastation in Japan with this horrific earthquake. We take away the opportunity for science to work for us, to address our own public safety. How long can we be here?
Thank you, Steny. Thank you, Representative Garamendi.
I think the tragedy that results from the lack of vision by the new Republican majority in this House, the sadness that results, is that not only is it near 3 months of a new regime with zero numbers of bills as a number of bills that's been approved that would create jobs--that would be bad enough. But it's dismantling success that's been achieved in the last couple of years. That translates into jobs, the health care industry, the innovation economy, dismantling that, disinvesting in America. That's even worse. Instead of standing still, which is tragic, we're going backward, backward, that takes us into what could be the recession of the recent past that was 8.2 million jobs lost.
We need to invest. Now, it's a no brainer to assume that if you put R&D into play--and they've dismantled R&D, education, higher education, health care--all of this impacts jobs and the potential to compete with the muscle that America needs.
The American public is asking for hope to be built into the fabric of this Nation. We have advanced that message of hope. We're talking about making it in America. We're talking about investing in R&D. Why? Because where R&D takes place is probably where manufacturing follows.
It makes sense to incorporate the R&D elements with the manufacturing sector. That's a given in the current economy, in the present day industry. So we need to invest. We need to invest in R&D, rather than cutting drastically the programs that will lead to energy research.
I served at NYSERDA as president and CEO, the New York State Energy Research and Development Authority. I saw what happened with job creation when you create new shelf opportunities, new product lines. And this R&D
effort is about taking ideas and moving them along. You prototype, you test, you evaluate, and then you manufacture. And we need to carry those steps through. We need to fund them, we need to invest. It's going to take that kind of effort to grow the economy and grow it in a way that allows us to have reasonable expectation to win the global race on energy, clean energy, and innovation.
You don't dismantle education by making drastic cuts. You don't undo the opportunity to dream of a higher education and advance your skill set and allow your dreams to be met, to be tethered.
Instead, you invest. We have not done that. I represent a necklace of communities called mill towns that were established with the Erie Canal, Barge Canal District. We created a port out of a little town called New York City, and we developed the westward movement through the mill towns that were established in the district that I represent.
That pioneer spirit where these mill towns became the epicenter of invention and innovation still exists. It is still part of the American DNA. And America knows that if we invest, if we instill hope into the equation, they are there. We know that we can make it happen, but it takes the sort of investment and not the denial that we have seen in this House where zero jobs are the result of zero bills being passed here that would promote an American Make It in America campaign, where we would have an American industrial bolstering by this kind of effort.
America knows that this is not the action that they called for. This kind of standing still is not good, because it takes us backwards. It takes us backward when we need to build upon the progress that was achieved over the last year where 1.5 million sector jobs were added to the equation. We can do it. We can do it in significant measure. We can do it in cutting-edge fashion where we advance the intellectual capacity of this great Nation, where we are continually investing in the brain power, and we are not tapping into it.
Patents are going off shore. Why are we standing here now talking about continuing the mindless effort of subsidies, handouts to big oil companies to the tune of $100 billion, when that could be denied and we could invest, fungibly move those dollars over to investing in R&D for new product delivery so we are not dependent on an oil industry, we are not dependent on disruption in the Mid East, but rather controlling our own energy future, self-sufficiency energy independence.
Those are the thematics. Those are the dynamics that should guide us. I don't see that here. We are walking away from it. We are walking away from the sound faith we should have in America's workers.
Look what is happening in Wisconsin. Workers are revolting. We need to respect workers. We need to understand that they are the solution.
Let's invest in America. Let's invest in Make It America, and let's turn this around. America is placing its hope in the leaders here, and to have the results be zero jobs because zero bills were introduced and passed is unacceptable. And the majority needs to account for the 700,000 jobs they want to kill simply by the cuts they are making to the budget that has been presented.
I will make this one point. Obviously, it is about investments. Not spending, investments. Expecting lucrative dividends, lucrative returns. And who is this cutting frenzy an attack on? It is an attack on middle class America. It is an attack on children, it is an attack on working families, it is an attack on our seniors. And we only get here what we are wanting to invest here. I think that we can go forward with the soundness of policy and a resourcefulness of investments made that allow us to carry us, transition us into a new economy designed intentionally to grow the potential of this Nation.
That is what America wants from us, and I think this attack is a tremendously cold-hearted attack on America's working families. It is going to destroy our middle class. Without a strong middle class, there is not a strong America.
Someone needs to create the products, build the products; someone needs to purchase the products. And without a strong middle class, without strong purchasing power for that middle class, that story is over. So let's move on. Let's march forward with Make It in America.
It is great to join you, Representative Garamendi, for this Special Order.
Well, I think that it is important for us to make certain that we create the renewable industry here in this country.
You talked about the challenges of competing with China. Let's look at the proof in the pudding. Let's take a look at what it looked like in 2008.
Private sector investment in the United States was at some $32 billion and China was at about $23 billion in terms of private sector investment and renewables. Then fast forward to the next year in 2009, and it flipped. China was at $35 billion, and we are down to $19 billion. We need to be certain we can compete, and we can compete effectively by investing.
It is there. The clarion wake-up calls are sounding, and we need to heed them. We need to listen to those alarms that are going off, telling us that without investing into the future, we are going to lose the race.
So I want to put a hopeful spin on this. I think that our efforts as Democrats in this House to make it in America are right on. It is what the doctor ordered. We are talking about investing in a clean energy innovation economy, we are talking about investing in higher ed, in R&D. That is how we win it. We win it by a complete commitment to an agenda that is well documented through the years.
It is no different now. If we want to win this global race on innovation, we need to march forward aggressively with the resources and with passionate resolve, and we can win it. I believe in my heart we can win it. We just need to commit to the American public that is counting on us to provide the hope at their doorstep.