It is about jobs and expanding opportunities for the American people because when the economy contracts, people run into trouble. They are the ones who get laid off, the folks who are working in plants and working at the bottom for minimum wage. They are the ones who lose ground during an economic contraction. Well, it used to be on the old automobiles, when you started an engine, you had to crank it. And then we went from a crank to a starter, so you push a button or turn a key. Well, some people think our economy is simple as that. It is not, of course. A large component of our economy is people's confidence.
Byron Dorgan: “It is about jobs and expanding opportunities for the American people because when the economy contracts, people run into…”
On the recordJanuary 29, 2008
Source
govinfo.govEditor's note · Context
Discussing the importance of economic confidence and job opportunities during a Senate floor debate.
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