mr. harkin: mr. president, the debt ceiling agreement that will soon come before the senate is a clear and present danger to the fragile, indeed faltering economic recovery. to say that this is the wrong policy at the wrong time is a gross understatement. you have to ask the question is anyone paying attention? we just learned that economic growth fell to a 1.3% annual rate in the second quarter and the first quarter growth was revised downward sharply to .4%, virtually flat. the economy created a meager 15,000 jobs in the month of june, again flat, barely even keeping up with population growth. last month, nearly 25 million americans could not find full-time employment. let me repeat that. 25 million americans are effectively out of work. state and local governments continue to slash funding and jobs at a stunning pace, destroying an estimated 500,000 jobs in the last two years. let me repeat that. in the last two years, state and local governments have destroyed an estimated 500,000 jobs. now, thos