Political Quotes

On the recordJune 23, 2011
I thank the gentlelady for yielding. I think she said it perfectly. I'm a young guy. I remember in the eighties watching the ``Where's the Beef'' commercials. Everybody remembers that. Well, here is the question: Where's the jobs? Where's the jobs? I remember a little over 2 years ago the President promising that if we passed an $800 billion stimulus, unemployment would not exceeded 8 percent. Well, where did that get us? In fact, if you look at the President's own charts, they said that by this time under this stimulus plan unemployment would be about 6.5 percent. I will tell you, that is compelling when you see that on a chart. When you are a country facing a huge economic crisis in a slide, that is very compelling. But it didn't work. It was a waste. We wasted $800 billion of hard-earned money, most of which was borrowed, on something that didn't work. Now, Americans are still feeling the pain. In fact, unemployment went up towards 10 percent. Counties in my district in Illinois have unemployment upwards of 11 percent. It didn't work at all. And now I have actually heard our colleagues on the other side of the aisle float a second stimulus. They say, well, $800 billion wasn't enough. It probably needed to be more. Well, why don't we just make it $5 trillion or $10 trillion. If we can just print money and borrow it, tax, borrow, and spend our way to prosperity, make it $10 trillion. That is ludicrous. We know that is ludicrous. I hail from Illinois.…
Said by
Adam Kinzinger
Republican · Illinois
Source
govinfo.gov
Jun 23, 2011

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