Political Quotes

“One of the most dynamic and striking figures in American history was General George Patton. He was famous for saying: Lead, follow, or get out of the way. Mr. Speaker, those words were given at a time of world crisis when he was leading the Third Army through France and Germany and still ring true today. We are in a world crisis. This morning, the government released its GDP numbers, and it showed that, in the second quarter, the U.S. economy shrunk by 10 percent. That is the largest number since the government started recording GDP numbers since 1947. Annualized, that is a 33 percent hit to the economy. What is even more, I think, concerning, is that the new numbers in terms of new first-time unemployment claims this morning grew again this past week to 1.43 million claims. Yesterday, the Chairman of the Federal Reserve Board, Jerome Powell, foot-stomped the fact that not just the numbers from last quarter are of concern, but, again, looking out in the future, the Federal Reserve sees trouble ahead. The amount of credit card activity is dropping, and again, as I said, new first-time claims are growing. Mr. Speaker, Mr. Powell, back in May, warned us that the CARES Act was not going to be enough.…”