Economists keep telling us how great the economy is. If the economy is so great, why do most families need two jobs? Why is every major company getting rid of workers? Why are gasoline prices going through the roof? Why do government workers now outnumber factory workers? Why has consumer debt reached a record $1 trillion, and why did 1.1 million Americans file bankruptcy last year? Mr. Speaker, if the economy is so great, why do the American people rate politicians two notches below used car salesmen. I believe, Mr. Speaker, these economists are smoking dope.
James Traficant: “Economists keep telling us how great the economy is. If the economy is so great, why do most families need two jobs? Why…”
Editor's note · Context
Criticizing the state of the economy and questioning the claims of economists.
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