Political Quotes

“Some of us stood here and said, This is not going to work. I was standing on this floor a year ago and I said, This stimulus plan will not work. It wasn't because some of us were such geniuses. It is because we had learned from Henry Morgenthau back in the 1930s, who stood before the House Ways and Means Committee and said, we tried this idea of excessive government spending, money that we didn't have, and we tried to spend money like mad. This is the guy who was Little Lord Keynes's buddy, he was FDR's Secretary of the Treasury, and he said, it doesn't work. Now, I don't think you had to be a rocket scientist to figure that when you and your family are in trouble economically that what you do is don't go spending money like mad. If spending money was going to give us a good economy, boy, we would have a great economy right now.”