Political Quotes

“earlier today, the Labor Department announced that the unemployment rate had gone up very high. We now find the housing crisis is worse, with lending freezes still upon us, and small businesses are shutting down as we speak. Job losses are significant this month alone; that is, the month of January, with 600,000 jobs lost, and the month of February is starting to be even worse than January as far as layoffs. In Nevada, the unemployment rate has gone well over 9 percent. Leading economists are now comparing today's crisis to the early days of the Great Depression. We are doing everything we can to make sure this severe recession we are in does not become another Great Depression, and we are a long ways from a Great Depression. The Great Depression saw the stock market drop 89 percent, and 25 percent of all Americans were unemployed, with millions of others underemployed. But we do not want this recession we are in to march into a depression, and that is why we have worked all week to come up with a solution to these problems, to try to help jump-start this economy. President Obama himself acknowledged that his plan wasn't perfect. I have to be very candid with everyone here.…”