Political Quotes

“as part of the challenge facing America today, we have to consider the state of America's economy, and it is a sad state of affairs. After almost 10 years of unparalleled prosperity in the history of the United States, during the past year we have seen terrible things occur--a massive growth in unemployment. The number of people who have been laid off across America is now reaching, unfortunately, historic levels. Last month saw the biggest 1-month increase in unemployment in 21 years. Nearly 72 million Americans are now out of work, and the economists have warned us that a 1 or 2 million more may be losing their jobs over the next 12 months. Small and large businesses have faced this. A friend of mine who deals with bankruptcies has told me we will be shocked as we hear the names of the major corporations and businesses which are going to go bankrupt in the near future. It is a fact of life this downturn in the economy is touching us in virtually every area of American life. This is a time of year when many American businesses hope to show their greatest profit and success. This retail season around the holidays means so much to companies across America. Unfortunately, the sales are slow and the indication is clear that the American people are holding back. It is an understandable impulse on their part, understandable because they are not certain of their own stability in their job or their small business.”