Political Quotes

Sean Patrick Maloney: “When Congress considers competing proposals to stimulate the economy, why not take a businesslike approach and consider…”

On the recordJanuary 17, 2008
When Congress considers competing proposals to stimulate the economy, why not take a businesslike approach and consider the ``metrics'' of previous efforts? When the current administration took office, the Dow Jones Industrial Average stood at 10,587. Yesterday, it was 12,472, representing a gain of 18 percent over 7 years. Unemployment and poverty rates are higher. Our debt is staggering. Our trade deficit is the highest in history. During the previous Democratic administration, the Dow Jones Industrials rose 328 percent over an 8-year period. Unemployment fell every year, millions were lifted out of poverty, and we achieved a budget surplus. So this time around, ask yourself, which model works for me? Which model was better? I think the facts speak for themselves.
Said by
Sean Patrick Maloney
New York

Editor's note · Context

Discussing economic performance and comparing administrations during a congressional debate.

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