Political Quotes

“I thank my colleague from Tennessee. I happen to have the answer to his question. Yesterday--he is correct--we did propose a jobs plan, which is a series of commonsense proposals to get our economy back on track and create jobs across our country. You will recall that a few years ago there was a stimulus effort in the Congress--the President's $800 billion stimulus plan--that was passed. The idea was to get the economy back on track. There were estimates that it would have a big impact on job growth and, in fact, reduce our unemployment numbers significantly. That didn't happen. One of the reasons that didn't happen is because it relied too much on government providing the resources for jobs. Government doesn't create jobs, but government can create the climate for job growth. Our view is that we need to take a different approach. That approach is to stimulate private sector job growth and create that pro-growth environment. The seven proposals we announced yesterday as part of our jobs plan include being sure that we do indeed deal with the deficit and debt because that is a negative impact today on our economy. In fact, there are economic studies out there showing that our GDP is much smaller than it would otherwise be but for the deficit and debt. Also, we need to reform the Tax Code to spur economic growth. Economists across the spectrum agree that we can stimulate economic growth by having a Tax Code that makes more sense for job creation. Regulation is a major issue.…”