I think my friend is so eloquent as usual. The point I am trying to make is, we faced a serious economic problem in 1993, when a Democratic President took over. You are right. Things are way worse, and it is a different circumstance. But the same thing happened then. We had Senate leadership, Senator Lott saying, on August 6, 1993: This is a pork alert, pork alert. It is 1,800 pages. We are talking about big sums. He said: We have to concentrate on spending cuts first. They predicted gloom and doom. What happened was the greatest economic recovery in modern history because we took a chance. We followed the wisdom of many economists at the time. We know now that if the Republicans would just join with us, we can get this economy moving in the right direction. A trillion dollars has been taken out of the economy due to lost productivity. Who is going to put it back? The banks won't. We are the only ones who can put it back. It is not going to be a trillion. It is probably under $800 billion. But it is the way to go forward. I agree with my friend. I am so glad President Obama is out there. Doesn't he agree--and this is my last question. Then I will do a presentation about what is happening in my State--that it is important for the President to get out there, not to a group of people who have been prescreened, who are all his admirers, but actually to get there with all these people who are troubled? They are worried. They have hope and faith, but they are scared.
Editor's note · Context
Discussing economic recovery and the importance of presidential outreach during a challenging economic period.
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