Political Quotes

“Just recently, just last week, our President went before the G-20, I guess is what it's called now, and he was encouraging them to spend, spend, spend. As you brought up Lord Keynes' name, there is something called Keynesian economics, which basically says that you get out of recessions and depressions by the government's spending money, but it never has worked, and it never will work. It's just like socialism never has worked and never will work. It seems as if the arrogance of this administration and of this leadership and as if the ignorance of both are leading us down the same path that FDR and Henry Morgenthau went down in the Great Depression. World War II didn't get us out of the Depression. It wasn't World War II that got us out of the Depression. It was cranking up the manufacturing sector and the private sector's actually starting to create new jobs because of the need for increased manufacturing that got us out of the Depression. Actually, the Depression didn't end until after World War II. It was private enterprise and free enterprise and what's called supply side economics, which most people don't understand and which, I think, a lot of economists don't understand. Yet we certainly know that this administration and the leadership of this House and the Senate have absolutely no clue about what creates jobs or about what creates a strong economy. It is less government, less spending, more manufacturing, more free enterprise.”