Political Quotes

“there are far too many people in Washington who like to play fast and loose with other people's money. They are not content just to tax away a large share of people's hard-earned incomes to spend on government-knows-best programs. They even want to tell people how they have to spend the money they have left over after taxes. They trust the American people so little that they feel they have to dictate what benefits they can receive and even what wages they can work for. Combined with high taxes, it is a prescription for the kind of anemic economic growth and stagnating wages that have been plaguing the Nation. It is like rearranging the deck chairs on the Titanic. The economy is still in peril. Mr. President, I contend that the way to get people off of minimum wage is to ensure that the economy is healthy and growing and providing people with the opportunity to earn a better living for themselves and their families. It is no coincidence that slow economic growth and stagnating wages have predominated since the low-tax policies of the 1980's were abandoned in favor of the high-tax policies of the 1990's. As noted in a recent report by the Institute for Policy Innovation, the economy has grown by about 2.2 percent on average so far this decade. By comparison, it grew at an average annual rate of 3.3 percent during the Reagan years.”