Political Quotes

“Mr. President, I listened carefully to the statement made by the Republican minority leader about deficits, and I think it is worthy to note that history suggests an opposite conclusion from what he just said. Remember this: The last time the Federal Government ever balanced its budget and generated a surplus was in the closing years of the Presidency of William Jefferson Clinton, a Democrat. When President Clinton left office, the national debt accumulated over the history of the United States of America was $5 trillion. When Clinton left office and handed the keys to President George W. Bush and said: Incidentally, next year's budget--welcome to Washington--another surplus, a $120 billion surplus. The economy has created 23 million jobs in my 8 years, and I wish you the best. He left, turned the keys over to President George W. Bush, and gave him control for 8 years. Eight years later, another snapshot. The national debt was no longer $5 trillion; it was $11 trillion, more than doubled under President George W. Bush. We had dramatically lost jobs in America, unlike President Clinton. When George W. Bush handed the keys over to President Barack Obama, he said: Welcome to Washington. Incidentally, next year's budget is a deficit of $1.2 trillion. It is quite a different story; isn't it? We wouldn't know that from the speech just given. The suggestion is that Democrats just don't get it right when it comes to deficits but Republicans do. History tells us otherwise.…”