Political Quotes

“Mr. President, I ask unanimous consent to have printed in the Record a copy of a newspaper article at the conclusion of my remarks. Income inequality has been a hot topic this campaign season. It has become the rallying cry of the left to support their economic agenda. Whether it is taxing the rich, raising the minimum wage, combating global warming, or any other number of policies. If you listen to Secretary Clinton and Senator Sanders on the campaign trail, you would get the impression that income inequality is the fault of Republicans. They contend that their preferred policies will close the gap between the rich and the poor. However, the inconvenient fact is that inequality rose considerably more under President Clinton than it did under President Reagan. Further, it has increased more under President Obama than it did under President Bush. For any of my colleagues wondering how this could be the case, I would encourage them to read Lawrence Lindsey's op-ed that ran in the Wall Street Journal in March. Mr. Lindsey's article title ``How Progressives Drive Income Inequality'' details how liberal policies have not only failed to reduce income inequality, but may in fact be contributing to it. For instance, my colleagues on the left all too frequently look to ever richer and more expansive transfer payment programs as the solution.…”