Political Quotes

“I think the record is clear. We are making progress, and what we ought to be doing now is debating how we make further progress. Instead we are spending many, many hours discussing an amendment to the Constitution which does not one thing to continue this progress. These economists, including 11 Nobel laureates in economics from Stanford University, the University of California at Berkeley, New York University, Carnegie-Mellon, Yale, and MIT--you can't have a better group of people who know what they are talking about. Some of what they say is, ``We condemn the proposed balanced budget amendment to the Federal Constitution. It is unsound and unnecessary.'' I received a degree in economics many years ago, and I know that economists choose their words carefully because economics is not an exact science. As a result, economists try very carefully to measure their tone and measure their words. So when you have 1,100 economists signing on to this, and using the word condemn, this is serious business. The amendment is not needed to balance the budget.”