Pete Domenici: “Isn't it wonderful to say, fellow Americans, we need 10 million new jobs. Senator Smith, you own a business; you know…”

“Isn't it wonderful to say, fellow Americans, we need 10 million new jobs. Senator Smith, you own a business; you know how people get jobs, right? Your business employs them, right? If things are bad in the economy, you cannot hire more, right? What good does it do for a politician to come up here and say we need 10 million new jobs? That is true. In fact, I would say we probably could use 20, although the truth is, we do not have that many people to be hired, but we could say that. Well, that is no plan. That is a statement. How are you going to do it? Who are you going to follow? Are you going to follow the Clinton model? They say that did all those things. There is a lot of question whether that plan did all that. But why don't Democrats say: We are going to follow the Clinton plan? The Clinton plan was to raise taxes. It just happened that the economy was recovering. And the Democrats will say: Yes, but the country got very confident once we put in the increase in taxes because they thought we were going to reduce the deficit. That is really their idea of where they got their great, new jobs. That may be true, but nobody is saying they are going to do that. They stand up and say: We need 10 million jobs. Bush is not producing them.”