Political Quotes

“I rise today to call attention to a very troubling issue, and we hear about it often. Sadly, there is a lack of leadership from the executive branch with regard to it. I am talking about the state of the American economy. Many families across Nebraska and across our Nation are worried. Whether they are hardworking parents trying to make ends meet or grandparents who are concerned about their grandchildren's future, there is no shortage of anxiety. As many of my colleagues have pointed out, the economy is not recovering quickly enough. In fact, we are slogging through the slowest economic recovery since the 1960s. By way of reference, in 1961 Kennedy was President, a gallon of gas cost 31 cents, and Roy Orbison was in Billboard's top five. In every economic recovery since that time, the American economy grew an average of 3.7 percent per year. Since 2009, however, this growth has averaged a mere 2.1 percent per year. This year, it slowed to just 1 percent. Last quarter, the economy grew by a pitiful 1.2 percent. Again, things are not getting better quickly enough. There are some real obstacles before us. The share of Americans in the workforce has fallen below 63 percent. That is nearly three percentage points below where we were when the recovery began. Another concern is the growing number of expensive and burdensome regulations. Rulemaking under the Obama administration has skyrocketed. Federal regulations cost an estimated $1.9 trillion per year.…”