Political Quotes

“In other words, the idea here is to spend less money at the Federal Government level, thereby allowing more for the private sector to invest in job creation, thereby growing the economy, making us a more wealthy nation, and helping our families and job creators in the process. I have cited a Wall Street journal op-ed many times. I will close with this: It is an op-ed that was written by Gary Becker, George P. Schultz--he was Secretary of three things including Treasury--and John Taylor, who is a Stanford economics professor. The three wrote an op-ed in the Wall Street Journal. I will quote two short paragraphs. They start out by saying: Wanted: A strategy for economic growth, full employment, and deficit reduction--all without inflation. Experience shows how to get there. Credible actions that reduce the rapid growth of Federal spending and debt will raise economic growth and lower the unemployment rate. Higher private investment, not more government purchases, is the surest way to increase prosperity. When private investment is high, unemployment is low. Above all, the federal government needs a credible and transparent budget strategy. It's time for a game-changer--a budget action that will stop the recent discretionary spending binge before it gets entrenched in government agencies.…”