W. Todd Akin: “The second quarter of 2003 is the black line that you see here. And this first chart is Gross Domestic Product of the…”

“The second quarter of 2003 is the black line that you see here. And this first chart is Gross Domestic Product of the United States. Now, if you take a look at the things on the left side of the chart that are in red, this includes a bunch of kind of nice tax cuts, which give better deductions for having kids and a lot of feel good kind of stuff. So it's not just any tax cut that makes a difference. Your point is you're investing in productivity. When you get to the second quarter of 2003, we did one major tax cut, and that was dividend and capital gains, which immediately put money back into the pockets. It's not really put money back in. We just never took it out of the pockets of the small businessmen who made investments and took risk. And take a look at what happens on the average. This is going all the way out to 2007. The average Gross Domestic Product, 1.1 percent before that tax cut, after it you see that the averages jumped a couple of percent on Gross Domestic Product. Now, that's an interesting chart. Let's take a look at the next one. What happens to go along with Gross Domestic Product? Let's take a look at jobs. This is job creation. Everything below the line means we're losing jobs, as we are right now in the economy.”