A Healthy Dollar Will Promote A Healthy Economy

Floor Speech

Mr. WILSON of South Carolina. Mr. Speaker, the Democrat Big Government agenda in Washington is destroying jobs.

Every dollar borrowed and spent by this Democrat majority, a total of $1.4 trillion this year alone, threatens the value of our currency.

Among the negative consequences of a weak dollar is the increased costs to American families for goods and services, especially gas to run cars and businesses. CQ Weekly reports money going into commodities instead of the dollar drives up oil prices. Along with the majority's refusal to allow for the exploration of more American oil and natural gas, the decline of the value of the dollar leads to rising oil prices. This is painful to struggling families. It costs jobs and undercuts our economy.

We must restore fiscal sanity. We cannot borrow and spend our way to prosperity, a devastating truth with the lack of jobs created by the Democrats nearly $1 trillion porkulus bill.

In conclusion, God bless our troops, and we will never forget September the 11th in the global war on terrorism.

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