Political Quotes

On the recordDecember 2, 2010
I thank the gentleman for yielding. A couple of months ago I'm walking through a manufacturing facility in the western suburbs of Chicago with the entrepreneur that started it. This is a guy who about 45 years ago is living on the northwest side of Chicago with his wife. He's a tinkerer, the type of person that goes in the garage and comes up with some idea, kind of a blue-collar guy, a tool and die guy. He comes up with an idea. Over a period of time he borrows a couple of thousand bucks from his mother-in-law and he builds up a little business. This is a very typical story. This isn't unique to Chicago or Detroit or New York. This happens all the time. He then builds that business up, and I'm sitting down with him and his son who's now running it. The old man is now 70 years old. I'm walking the plant floor with him and I ask him: How's business? And he tells me about the travails since September of '08, which we're all familiar with, but it's now a lean operation. He further says, ``Congressman, the smart move for me is to put three-quarters of a million bucks into this production line.'' And he points to a production line on the floor. I ask him, ``Are you going to do the smart thing?'' And he says, ``No, I'm not.'' And of course I ask him why not. He says, ``Because Washington, D.C. tells me I'm rich. See, I'm a sub S and I file as an individual and Washington D.C. tells me I'm rich. So that means I've got to hold on to capital because I don't know what's going on.…
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Peter Roskam
Republican · Illinois

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