how wonderful it is to hear the same old speeches about how rotten a job the Members of Congress have done for the American people. In the last 20 years, I have seen a moderate economy expand exponentially and then collapse. We have gone through various recessions. I have seen moderate inflation go to rampant inflation, 14, 15 percent rates of inflation, interest rates go to 21 percent. I have seen the Soviet empire, collapse. I have seen policies implemented to bring interest rates down, bringing inflation down, bringing unemployment down. American people today are probably as well off as they have been in a generation. Interest rates are at a generational low. Inflation rates are at a generational low. The United States is not at war, hot or cold. I think we are doing pretty well. For the first time in 30 years, we have reached a balanced budget agreement, only a month ago. For the first time in 16 years, we have passed legislation for a tax cut for the American people. For the speaker that was here two times ago to come before the House floor and say that the American people have been ill-served by the U.S. Congress is a disservice to the performance of this body and the other body. The U.S. Congress is performing well, in bipartisan fashion, with conservatives and liberals and Republicans and Democrats alike working together.
Editor's note · Context
Discussing the performance of Congress and the state of the economy.
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