Political Quotes

Pete Domenici: Job growth in the first quarter of this year averaged more than 170,000 per month. The Friday number was not an…

On the recordApril 5, 2004
Job growth in the first quarter of this year averaged more than 170,000 per month. The Friday number was not an aberration. The increase on Friday was 308,000 jobs for that quarter. That is not an aberration. It is a continuation of month after month of growth, once we got out of this recession. Fiscal and monetary policy still matter. The tax cuts President Bush pushed through Congress and the steadiness of the Federal Reserve Board have been able to bring this economy to a true test. Truly, we have been involved in a war, a recession, and come out of it with the American economy growing rapidly. With productivity gains continuing, with corporate earnings improving, job growth should continue to accelerate. Every time you have a set of good things happen to America, which we have all been waiting to share with each other as Americans, it is instantly politicized and spoken of by some as if the good things didn't happen.
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Pete Domenici

Editor's note · Context

Discussing job growth and the state of the American economy during Senate floor debate.

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