I thank the gentleman for yielding. We talk about unemployment in this country--over 8 percent, 9.1 percent nationally. Let me tell you the story in my district in Colorado, the two largest communities: 10.7 percent unemployment in Pueblo,…
I thank the gentleman for yielding.
We talk about unemployment in this country--over 8 percent, 9.1 percent nationally.
Let me tell you the story in my district in Colorado, the two largest communities: 10.7 percent unemployment in Pueblo, Colorado; 10.5 percent in Grand Junction, Colorado. I have 29 counties in Colorado. We have one county that has higher than 17 percent unemployment.
There's a lot of discussion on this floor in Washington, DC, about jobs and the economy, and it's well placed. We talked about businesses. But what we often forget to remember is that these businesses are made up of moms and dads, grandparents, people with hopes, with dreams for a better future. These are the employers, the people who make America work, working together in business.
Let me tell you a story about a man named Jim Bartmus in Pueblo, Colorado. Just about a month ago, Mr. Bartmus, who was a contractor, was faced with a real dilemma. Just a few years ago he qualified under the President's definition as wealthy. A small contractor. That wealth he reinvested back into his business to try and grow it, to try and create more jobs in this country.
Mr. Bartmus made that investment. He paid down his line of credit to zero. When he went to the bank to re-up that line of credit to be able to keep that business going, to keep his 24 core employees at work, he discovered that, because of regulations, because of Dodd-Frank, that he couldn't get that line of credit re-upped once again. As a result, Mr. Bartmus lined up his equipment and auctioned it off.
When you talk to a grizzled contractor, and you hear his voice crack as he has to describe how he laid off 24 people that we call employees--and he called family, you know this hits America at home.
As I travel throughout my district, as I know my colleagues travel throughout the rest of the country, we hear the same lament from small business, from the number 1 job creators in this country. They're overregulated. They're worried about that pile of regulations that we see dropped upon the desk on a weekly basis. Being able to have access to capital. What is that tax rate going to actually be?
What is the President's health care plan actually going to cost? Those are the questions that they raise and why they are afraid to invest. If we will unleash American entrepreneuralism once again, if we will create that certainty for Americans to do what we do better than any people on the face of the Earth--that's to create, to innovate, to build--we can get this American economy moving.
My colleague from Colorado and I have discussed oftentimes there's something very unique about being an American. The very blood that courses through our veins is infused with something that people from around the world simply can't understand. We don't look for government to be the answer; we don't look for a government program. We want the freedom and the ability to be able to build our own future.
Government should not be a stumbling block to that success, but a stepping stone. And in this case, it means the government should get out of American businesses' way, the American employees' way, and let us do what we do best: get America back to work.