Political Quotes

“I've been kind of shuffling the boards down here because you went through several subjects along the way, and each one is so terribly important and pertinent to the issue. But I think I can wrap it all up in this, and that is, America lost about 50 percent of its manufacturing jobs in the last 20, 25 years. We went from 20 million, 21 million manufacturing jobs to just over 10 million today, but we can once again rebuild the American manufacturing sector. That's where the middle class jobs are. You had talked about tax policy, that the tax policy has shifted from one that was broad based and which the wealthy and everybody participated in in a progressive mechanism in which now the wealthy-- and Warren Buffett has said it so very well--he actually pays a lower tax rate than does his secretary. He said, This is wrong. This is upside down and wrong. And he's quite correct. But if we take a look at the manufacturing sector of America and we apply a couple of principles, that is, that we're going to buy American--and this has to do with our policies here. Trade policies. We've been giving it away in these international trade deals. On the taxes, we just talked about that. The tax burden has shifted from the wealthy down to the middle class, further eroding the purchasing power and the status of the middle class, so much so that just yesterday the Bureau of Labor Statistics came out with a report that the poverty level in America has reached the highest level in 52 years.…”