Political Quotes

“Mr. President, I rise to express my strong support for the nomination of Alan Greenspan for his fourth term as Chairman of the Board of Governors of the Federal Reserve System. As has just been said, since Chairman Greenspan was originally appointed in 1987, his wise stewardship of the monetary policy of this country has in no small part contributed to the best economic times in our country's history. Yesterday we reached a milestone of economic expansion. Our country has a record 107 consecutive months of economic growth. At no other time in our history have we experienced uninterrupted economic growth that has lasted this long. Moreover, it does not appear that this growth is slowing. Unemployment is at record lows. Consumer confidence is at record highs. Inflation, the unfortunate byproduct of expansion in the past, has been kept under control.”