Kent Conrad actually said...

Spending is the highest it has been as a share of our gross domestic product in 60 years.

Kent Conrad points out record-high spending relative to GDP.

09/15/2010

More Kent Conrad Quotes

Since 2005, we have gone down from 60-percent dependent to 45-percent dependent last year.

We have provisions right now that encourage us to invest, and we need to invest heavily in the Bakken.

I will tell you, it is extremely impressive. It is being carefully done.

When you are borrowing $0.40 of every $1, that cannot continue much longer.