Political Quotes

“Madam President, I rise here today, and I have been in the Senate a little over 2\1/2\ years, and I never imagined that I would have to drift back to my days at Wabash College, as I migrated from a biology major to a political science major and, thank goodness, to an economics major. In that time, I never in my wildest dreams thought I would be able to talk about macroeconomics because back then there were a couple of points of view. You had Milton Friedman, who was a disciple of monetary theory--that if you get too much out there circulating, your currency devalues and you get inflation. And then there was Keynes, who was a big disciple of the government, either through tax policy or spending. And, my goodness, how either one of them would react to what we are contending with today, I think it would give them some pause in terms of where we are at. This has nothing to do with the underlying policy goals. I am someone that comes from a State legislature in Indiana where we tackle things like infrastructure, defined there and then as roads and bridges. We came together. We actually paid for it through user fees, which we haven't done here since 1993. That is fuel taxes, which generally would be at least one thing you would look at when you want to spend a lot of money on infrastructure. So here we are today. We had a hearing a couple of weeks ago, and I will cite him in a moment.…”