To paraphrase an old saying, those who don't learn from history are doomed to make things worse. History shows us that government spending does not fix economic problems. If spending was the key to a robust and sound economy, the U.S. should be in a boom time. Government spending has been out of control for the past 20 years. Look where it has gotten us. Spending that is delayed for 2 years is not stimulus. Spending for pet causes of Members of Congress is not stimulus. And temporary tax credits for people who already pay no income tax are not stimulus. Madam Speaker, we need fast-acting tax relief for working families and small businesses. I urge the Senate to put good policy above politics.
WALLY HERGER: “To paraphrase an old saying, those who don't learn from history are doomed to make things worse. History shows us that…”
Editor's note · Context
Discussing the impact of government spending on the economy.
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