On the recordOctober 30, 2015
Good. When we look at the problem here, it is not really a problem that involves a lack of compromise. What we have is both right and left have come together--and not just tonight, right and left have been coming together for a long time up here. Right and left have been saying: You scratch my back, and I will scratch yours. Basically, the compromise is, we both get what we want. The right's sacred cow is military spending. The left's sacred cow is domestic welfare spending. Both sides end up getting what they want, but as a consequence, we borrow $1 million every minute. Many economists have said that our debt is actually the biggest threat to our future. Many economists have actually said that our debt is actually costing us about 1 million jobs a year. Kids ask me: What about a job? What are you going to do to create jobs? What are we going to do to keep America strong, to keep America producing and manufacturing and creating millions of jobs? I think it is the wrong thing to add more debt. I think it is wrong to spend money you don't have. So often up here, everybody looks and says ``Well, I am going to do this with the money'' when, indeed, the first thing we should be asking is where the money is going to come from. We borrow the money from China, often to send it to Pakistan. We have sent billions of dollars to Pakistan. I will give you an example of where we could save some money, and yet there seems to be very little interest for saving money in Washington.…
Source
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