I think the common sense of the American people is boundless, and they know that what goes on in Washington is a whole lot of smoke and mirrors. But when you say something very simple, we're going to spend $280,000 to create a $50,000-a-year job, they say, what? That makes no sense. And oh, by the way, we're saying this is temporary, but it's got the potential to be permanent spending. That's the real fear we have to be afraid of because then we go farther and farther and farther in debt because it's all borrowed money. Did you know that when this package hits the market to ask people to loan us the money, it will be the largest amount of indebtedness in the history of man that's ever been placed on the market?
John Rice Carter: “I think the common sense of the American people is boundless, and they know that what goes on in Washington is a whole…”
Editor's note · Context
Discussing concerns about government spending and debt during a debate on economic stimulus.
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