Articles & Op-Eds

September 22, 2011
Last Friday, Palestinian President Mahmoud Abbas announced he would ignore international warnings and take his bid for recognition of a Palestinian state to the UN Security Council. The decision facing Abbas was a simple one: return to direct peace negotiations with Israel or rebuff the U.S. and renew diplomatic warfare against Israel. In choosing the latter, Abbas has put at risk not only the Palestinian Authority's relationship with the U.S., but the aspirations of his own people.
September 20, 2011
Undoubtedly, the current economic crisis has had very negative effects on the Hispanic community. The overall unemployment rate among Hispanics is 11.3 percent, and among Latino youth, it’s even worse at 19.3 percent. Similarly, Hispanic small businesses have also suffered tremendously.
September 19, 2011
This time, President Obama did not compromise with himself beforehand, or put out a half measure in hopes of luring nonexistent Republican support. This time, he issued an unabashed call for economic fairness in cutting the federal deficit, asking as much from those on the economy’s upper rungs as from those lower down whose programs may be trimmed.
September 16, 2011
The patent that led to the telephone was approved in one month. The patent that led to the cell phone, as former White House economic advisor Austan Goolsbee recently observed, was approved in three years. Today, patents are held up for even longer -- and jobs and growth are held up with them. At this moment, more than 700,000 patents are caught in the backlog. Could one of those 700,000 new ideas be the next iPhone, the next breakthrough drug, the key to the next great American industry? We'll have to wait a long time to find out.
September 8, 2011
President Obama started off his address to a joint session of Congress by giving a nod to the House Democrats’ “Make it in America” agenda.
August 30, 2011
THE United States became the world’s largest economy because we invented products and then made them with new processes. With design and fabrication side by side, insights from the factory floor flowed back to the drawing board. Today, our most important task is to restart this virtuous cycle of invention and manufacturing.
August 27, 2011
AS we celebrate the Martin Luther King Jr. Memorial, we reflect on the life and legacy of this great man. But recent legislation on voting reminds us that there is still work to do. Since January, a majority of state legislatures have passed or considered election-law changes that, taken together, constitute the most concerted effort to restrict the right to vote since before the Voting Rights Act of 1965.
August 25, 2011
The $825 billion economic stimulus law signed by President Obama in February 2009 is still having a positive impact on the economy some 30 months later, according to the nonpartisan Congressional Budget Office.
August 23, 2011
Wanted to make sure you saw the op-ed by Whip Hoyer in Politico calling for a balanced solution to reducing our deficit which includes action on both spending and revenue. To read the op-ed, click here or see below...
August 4, 2011
A chronic shortage of engineering students threatens America’s role as the world’s leading innovator and continues to impede our nation’s fragile economic recovery. Over the past 20 years, the percentage of engineers graduating in the United States has stagnated, while India and China surpass us with rapid progress.
July 14, 2011
The jobs report released last week disappointed a lot of Americans, and I’m one of them. Our private sector added 57,000 jobs in June, but with public-sector layoffs across the country, the total number of jobs created added up to just 18,000. To be sure, that’s far better than the situation our country faced as President Obama took office, when we were losing nearly three-quarters of a million jobs per month. Since then, our economy has been steadily adding jobs, and our private sector has grown for 16 straight months. But that’s hardly any consolation to the millions of Americans who are still out of work, still suffering the effects of 2008’s financial crisis. What can we do to make their future brighter?
July 13, 2011
A sprawling coalition of Wall Street and Main Street business leaders sent an unmistakable message to lawmakers Tuesday: Enough squabbling. Get the debt ceiling raised.
July 5, 2011
Each July 4, we celebrate our nation’s independence and again take pride in America’s history. This pride comes from knowing that the courage, determination and hard work of generations of Americans before us — many of whom fought and died to preserve our liberty — made our country what it is today.
June 16, 2011
A little more than two years after General Motors and Chrysler were forced through bankruptcy proceedings in return for government cash, the time has come to acknowledge the unlikely success of the auto bailout.
June 15, 2011
Factories produced more goods in May, bouncing back from supply disruptions caused by the Japan crises and tornadoes in the southern U.S. In April, those factors led to the first drop in output in 10 months.
May 23, 2011
But though Hoyer called for compromise, he minced no words calling out Republicans for their refusal to support using increases in tax revenue, achieved by tax reform, to help close the deficit gap. He suggested that Republicans still believe that tax cuts are ‘a fiscal and economic cure-all,’ despite the economic growth experienced under higher tax rates during the Clinton administration and the assertions of economists that the Bush administration’s tax policy is a major driver of the national debt.
May 23, 2011
House Minority Whip Steny Hoyer will lay down his marker in the upcoming debt limit debate in a speech before the Bipartisan Policy Center on Monday.
May 18, 2011
Families and small businesses have been hurting, and for far too long. Since 1979, the number of manufacturing employees has shrunk from 20 million to 12 million. And in the last decade, that process has accelerated. As a result, America's middle-class families have lost $2,000 in yearly income. And in St. Louis, from 2004 to 2010, the region lost 28 percent of its manufacturing jobs.
May 12, 2011
The century-old process of rounding up votes on the House floor is about to get a makeover.
May 11, 2011
THE U.S.-CHINA Strategic and Economic Dialogue wrapped up in Washington Tuesday after much discussion of the now-familiar economic imbalances within, and between, the two countries. Yet even as leaders again made promises about currencies and trade, evidence was mounting that some old assumptions regarding their relationship may no longer apply. For U.S. companies and workers, long buffeted by “outsourcing,” real and perceived, the most encouraging new reality may be the beginning of the end of China’s competitive advantages over the United States — even in manufacturing.
May 10, 2011
General Motors plans to kick off a hiring blitz today that will add or preserve about 4,200 jobs in eight states, including up to 2,000 in metro Detroit, people familiar with the planning said.
May 9, 2011
After a 40 percent drop in sales from October 2008 to February 2009, Materials Processing Inc. laid off workers, changed the way it sets prices and took fewer risks in the volatile commodities markets.
May 4, 2011
It may be Washington's best-kept secret: House Democrats are counting off the 119 days since Republicans have had the speaker's gavel without bringing any jobs bills to the floor.
May 4, 2011
Win the Future might be President Obama’s economic slogan of choice, but Rep. Steny Hoyer (D-Md.) wants the White House to adopt another catchy phrase: Make It in America.
May 3, 2011
Minority Whip Steny Hoyer (D-Md.) told reporters Tuesday that Democrats will roll out a host of legislative proposals Wednesday as part of their “Make It in America” agenda. Some of the items have already been introduced by Democratic Members, Hoyer said, and all will be focused on boosting exports and lowering the unemployment rate.