Mr. President, I came to the floor today to talk about the actions we took here this week in the Senate to make sure the postal service has a good chance to return to solvency and be relevant in the 21st century and continue to provide a valuable role in providing 7 to 8 million jobs in the United States of America. But I think I will put that on hold for a moment and recall the words of a former President, Harry Truman, who left office not very popular, but in retrospect is regarded as one of the best Presidents of the last century. Harry Truman used to say, the only thing new in the world is the history we forgot or never learned. I want to go back to a few years in our history and reflect on the words of the preceding speaker and ask, what can we learn from history? Well, one of the things we can learn from is the last time we actually had a balanced budget in this country, and we had three of them in the last 3 years of the Clinton administration. He became President in the middle of a recession and left our country with the strongest economy of any Nation on Earth, with the most productive workforce, the most revered Nation on Earth. He turned the reins over to a new President, George W. Bush, and gave to him balanced budgets and a strong economy. Eight years later, we had accumulated more debt in those 8 years--from 2001 to 2009--I think than we had in the previous 208 years combined.…
On the recordApril 26, 2012
Share & report
More from Tom Carper
Jul 25, 2024
Mr. President, good morning. Last month, as some of us recall, marked the 80th year since President Franklin Delano Roosevelt signed the Servicemen's Readjustment Act of 1944, better known as the GI bill, into law--80 years. In the eight…
Jun 18, 2024
Mr. President, I ask to be recognized, and I am pleased to be here with you today. I rise today in strong support of critical bipartisan legislation that will come to the Senate floor--not later this year, later this week, or this month…
Jul 25, 2024
Mr. President, I ask unanimous consent that I be permitted to speak for up to 15 minutes and that Senator Young be recognized to speak after that for up to 5 minutes prior to the scheduled vote. The PRESIDING OFFICER. Without objection, it…





