Political Quotes

Michele Bachmann: 8.5 percent, it could go that high. So that is what the $1 trillion was supposed to do. The $1 trillion was allocated.…

On the recordMarch 19, 2010
8.5 percent, it could go that high. So that is what the $1 trillion was supposed to do. The $1 trillion was allocated. We saw unemployment soar above 8 percent, soar above 8.5, and now Americans are sitting at about a permanent level of near 10 percent. The White House came out and said, Get used to it. This is our new normal. We are looking at these elevated levels of high unemployment. Well, America isn't used to this, Mr. Speaker. American people don't want to be used to these elevated levels of unemployment. They actually like to work, and they actually like high prosperity. Also, when President Obama was a Senator, he wanted to devote our entire U.S. budget--he wanted to devote 1 percent or 1.5 percent of our U.S. budget to redistribute wealth to the rest of the world. Knowing that our country was already trillions of dollars in debt, his goal was to have us, every year, devote at least 1 percent of the U.S. budget to redistribute the wealth. We should have known where President Obama was going with this.
Said by
Michele Bachmann
Minnesota
Source
govinfo.gov
Mar 19, 2010

Editor's note · Context

Bachmann discusses unemployment rates and critiques President Obama's economic policies.

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