Political Quotes

On the recordJuly 27, 2010
Well, I happen to have here a piece put out by the Joint Economic Committee. This is a committee made up of Democrats and Republicans, and I am sorry I don't have a chart to show it. I know there is one somewhere around here, but there is a figure here that Federal Government jobs from February 2009, when President Obama became President, to June 2010, the number of jobs in the Federal Government increased by 405,000. The number of private sector jobs decreased by 3,261. When the stimulus package was passed, Dr. Christina Romer, who is his economic adviser, chief economic adviser, promised that the unemployment rate would not go above 8 percent and that a tremendous number of private sector jobs would be created. I do have this, and I want to try to show it if I can here, it shows that under a fully controlled Republican government, Federal Government, that is with Republicans in charge of Congress and a Republican President, 6,690,000 million jobs were created. Under a fully Democrat-controlled Congress, we have lost 6,403,000 jobs. You know, again, facts are stubborn things. These are coming from the Obama administration's own Labor Department. And what caused this to happen? It's cutting taxes and letting the American people keep more of the money they have earned. Our colleagues across the aisle believe that the money, all the money in the economy belongs to the government; and that if you have a tax cut, it is the government giving something to the citizens.
Said by
Virginia Foxx
Republican · North Carolina

Editor's note · Context

The speaker discusses job creation and economic policies under different administrations.

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