Wendy Sherman: “there is a great fiscal debate going on in this country and I felt I would use these 5 minutes to address some of the…”

“there is a great fiscal debate going on in this country and I felt I would use these 5 minutes to address some of the key points in that debate. The governor from Texas has come up with a novel and dangerous argument, and that is that fiscal responsibility does not matter; that what goes on in Washington has had nothing to do with the prosperity that we currently enjoy. Now I can understand why someone running against Washington would want to say that what we have done here over the last 8 years has nothing to do with the prosperity enjoyed in this country and the prosperity we hope to enjoy in the future, but that argument, however politically appealing, is a dangerous one, because once one argues that what goes on in Washington has nothing to do with the economy of the country then one grants a license to Democrats and Republicans to be fiscally irresponsible. The fact is that what we do in Washington does matter, and matters a lot.”