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Public Statements

Invest in America and Grow Our Economy

Floor Speech

Location: Washington, DC

Mr. COHEN. I join in concern about our budget. Advancements to health would be cut in a major way. When I was a child, I had polio, and it has effects on people who have polio in later years. But because of the Federal Government's investment in research like the Salk vaccine and the Sabin vaccine, it has saved many families and children from that devastating disease. And around the world it's been successful, too. There are other diseases like heart disease, Alzheimer's, and cancer that the National Institutes of Health is primarily responsible for the research.

I'm worried about health and also jobs, and a major driver of jobs is research and development, education, and infrastructure spending by the Federal Government. Most of our great advances, whether it's railroads or the Internet or health care, have come through Federal Government partnerships with the private sector. We need to continue those to create a middle class--consumers that can grow our economy out of these problems. It's not just President Obama who says it. It's also who I call the three wise men: Krugman, Stiglitz, and Robert Reich.

Austerity hasn't worked. We need to invest in America and grow our economy.

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