For every private-sector job created during the George W. Bush years, during the Clinton years we created 140. Let me say that again. For every one private-sector job that the Bush administration with its policies created, 140 were created during the Clinton administration. Now, the reason I make this point is that the same rhetoric that we're hearing this weekend, that these taxes which affect the top 3 or 4 percent of people in America, are going to have a catastrophic effect on jobs, this is an echo chamber. One other quote I want to read you again about the 1993 plan: ``This plan puts the economy in the gutter. If it was to work, then I would have to become a Democrat.'' The person who said that was former Representative John Kasich, a very dear friend of mine, budget chairman, who unfortunately--depending on how you look at it--is not a Democrat; he's still a Republican, even though it did not put the economy in the gutter; it created 23 million new jobs. So we will hear this tired old refrain this weekend, but the facts dictate differently.
Editor's note · Context
The speaker discusses job creation under different administrations and critiques current tax rhetoric.
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I would like to be heard on the point of order. The SPEAKER pro tempore. The gentleman from New Jersey is recognized. {time} 1800
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