Political Quotes

“The gentleman from New York could not be more correct, that the policies of the Bush administration, their tax policies, created a huge deficit, two wars that were not paid for but rather money borrowed, most of it again from China, and a total backing away from the regulation of the financial industry led to an extraordinary crash of the American and indeed the world economy. What is being asked of us now is to put back in place the tax policy that was part of that great decline. And a point that you made, if I might just bring it out one more time here, is that that tax policy that was started in 2001 and is now being proposed by our Republican colleagues and our President is a continuation of the drift--excuse me, it's not a drift-- a cascade of wealth from the middle class, from the working men and women, to the wealthiest Americans. Is that wise policy? It certainly doesn't create jobs. There are very few economists except some very right-wing Republican economists who would argue that by giving more money, in this case $150 billion minimum, maybe $180 billion, to the wealthiest is going to somehow create jobs. Nobody would rationally argue that. However, on the other hand, it's been argued very clearly that one of the most stimulus, job-creating, encouragements to the economy is unemployment insurance.…”