John Adams once said, ``Facts are stubborn things, and whatever may be our wishes . . . they cannot alter the state of facts and evidence.'' Well, when it comes to the economy, the facts are on our side. It's a fact that Bush's economic policies created the worst financial crisis since the Great Depression. It's a fact that Republicans produced a recession with nearly 800,000 job losses each month and almost doubled our national debt. It's a fact that 8 years of tax cuts for the rich and trickle-down economics only left the American people hosed. And it's a fact that this Congress ended those flawed policies and enacted tax cuts for working-class families and small businesses across America. Democrats created nearly 200,000 jobs a month this year, cut over $800 billion in taxes, and we're about to cut almost $300 billion more. Democrats are rebuilding consumer demand, creating new jobs, and getting our economy back on track. And that's a fact, no matter how stubborn the minority wants to be.
Judy Chu: “John Adams once said, ``Facts are stubborn things, and whatever may be our wishes . . . they cannot alter the state of…”
On the recordJune 9, 2010
Editor's note · Context
The speaker addresses the impact of economic policies on job creation and the national debt.
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