Political Quotes

On the recordSeptember 10, 1996
I think one of the best days that we had on this House floor during my 14 years in Congress was the day in which we reformed the welfare system in this country. We said that there should not be giveaway programs, that people in fact ought to go to work. Well, it was with great effort and with great inspiration that we moved forward to pass a bill to reform the welfare system in America as it relates to the poor, but now this is welfare Step Two. This is now an effort to reform a welfare system that exists in America that does not benefit people who are poor. This is a welfare system that we have created in America that provides welfare to the rich and welfare to the well off. Now let me just talk a little bit about the Overseas Private Investment Corporation and tell my colleagues that the people who are lined up against this bill come all the way from the left to the right. It is one of the most diverse coalitions I have ever seen in the House of Representatives, and I would like to talk about a few of the people who do know a little bit about economics and what they have to say about this program. Milton Friedman, one of the foremost leading experts in economics in the world, had a comment that he wanted to make on OPIC. He said: I cannot see any redeeming aspect in the existence of OPIC. It is special interest legislation of the worst kind. That is Milton Friedman from the Chicago School of Economics.
Said by
John Kasich
Republican · Ohio

Editor's note · Context

Discussing welfare reform and the Overseas Private Investment Corporation.

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