David Schweikert: “The other thing I also want to talk about is why so many of us who actually own calculators are intensely concerned…”

“The other thing I also want to talk about is why so many of us who actually own calculators are intensely concerned about the left's policy in the last couple of months. This is one of those things that I genuinely believe both sides here passionately care about and want society to do well, to have opportunity, the working poor to become less poor, the poor to become less poor, the middle class to be able to thrive; but we just see the basics of economics differently. I want to spend just a couple of moments and walk through what is fact, and we have the facts. Now, first off, how many times over, and over, and over do we hear, Hey, post-tax reform, the rich are getting richer; the poor are getting poorer? That is mathematically absolutely not true. It is a lie. It turns out, policies like we have been engaged in just recently make the wealthy wealthier. It is a simple thought. When you pump massive amounts of liquidity into a society, into an economy, those people who own assets get richer. Their stocks go up, their house values go up, and other assets they have go up. But if you are part of the poor or working poor, how many stocks do you own? How much real estate do you own? Yet the basic economic principles that you get to look at over and over, the $1.9 trillion spending bill violated almost all of the principles. So you say, okay, so we are going to deliver actual checks. Great. Okay. That will have an impact for several months.…”