Political Quotes

Wayne Allard: “Recognizing that fiscal policy is far less powerful than monetary policy in influencing Gross Domestic Product growth…”

On the recordFebruary 12, 2004
Recognizing that fiscal policy is far less powerful than monetary policy in influencing Gross Domestic Product growth and employment, Congress must do its part by pursuing policies of low taxation, limited Federal regulation and free trade in order to see the United States improve and prosper with wealth and opportunity.
Said by
Wayne Allard
Source
congress.gov
Feb 12, 2004

Editor's note · Context

Allard emphasizes the importance of fiscal policy and tax cuts for economic growth.

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