Political Quotes

“I do not address the House today to make the obvious comparisons between Whitewater and Watergate. I think it would be wrong for me to continue on this vein, because many other people have spoken about that today, and continue to speak about that, but I would like to make another historical comparison that I think a lot of people are missing today. Mr. Speaker, one of the reasons that Whitewater is not being compared to Watergate is because the economy seems to be doing so well today that the President is able to talk about the economy. I would just like the American people to note that it takes about 11/2 o 2 years for any President's policies to actually impact on the economy of the United States of America. The first 2 years of the Jimmy Carter administration were relatively good years because, of course, he was living on the policies in those 2 years, the economy that was dictated by the policies prior to Jimmy Carter becoming President. That is what we have today under Bill Clinton. I would just predict that once the increase in regulation, the increase in taxation, the Democratic policies that this administration has put into place actually impact on the economy, this economy will go down, people will suffer, and then they will really be interested in hearing the comparisons between Whitewater and Watergate.”