Political Quotes

Bill Johnson: “We have a disease here in Washington, and that disease is called ``overspending.'' And it is, by and large, what has…”

On the recordJanuary 20, 2011
We have a disease here in Washington, and that disease is called ``overspending.'' And it is, by and large, what has brought us economically to where we are today. And the debt that we see is the symptom of that disease. It's amazing to me how many in D.C., how many in the administration and in the previous Congress, really believe that we can borrow, tax, and spend our way back to prosperity. As a businessman, as a graduate from a business school--I have a minor in business administration--I don't think that there is a business theory in place that says that you can prosper that way.
Said by
Bill Johnson
Republican · Ohio
Source
govinfo.gov
Jan 20, 2011

Editor's note · Context

The speaker addresses the issue of overspending in Washington and its impact on the economy.

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