It's Morning in America

Floor Speech

Date: March 18, 2015
Location: Washington, DC

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Mrs. CAROLYN B. MALONEY of New York. Mr. Speaker, while Congress was
away last week, we had another strong jobs report. You might even say,
as former President Reagan used to say, ``It's morning in America,'' in
his famous ad.

In February, the economy added another 295,000 private sector jobs,
and the unemployment rate edged down to 5.5 percent. That means that
there have been 12 straight uninterrupted months of private sector job
growth of over 200,000 jobs a month. That is the first time that has
happened since 1977.

Inflation remains tame; gas prices are low; the dollar is strong, and
by many measures, the economy's performance under the Obama
administration has been stronger than the economy under former
President Reagan.

Though I suspect that some may find it unusual to compare President
Obama and President Reagan, their efforts are good news for the economy
and good news for America.

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