Kent Conrad actually said...

The legacy of that bubble... is still with us because unless we defease or write off that debt... we are going to be stuck in a low-growth economy.

Senator Conrad warns about the ongoing impact of the financial bubble on economic growth.

08/02/2010

More Kent Conrad Quotes

The President has put in place a Fiscal Commission. Senator Gregg and I tried to get that Commission authorized by law.

I think deregulation--part of that toxic brew--has a central responsibility in the near collapse.

We were unanimous in our position. Unanimous. Very rare in today's political climate.

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