On the recordJuly 27, 2010
Right. I think what we are proposing and have been investing in is a pro-growth agenda for our country, and that is not as simple as cutting taxes for rich people and hoping and praying that they somehow will invest in the manufacturing in the U.S., you know, and in other investments in the U.S. We need to rebuild our infrastructure in this country--roads, bridges, waterlines, sewer lines, and combined sewer in all of our big cities. We've got to invest. That's going to put people to work, and that's going to rebuild our country. Our highways and our bridges, we're going to invest in those. We're going to rebuild our country, and that's going to lead to economic development and to economic growth. We're going to invest in technology--green technology--and in National Institutes of Health biotechnology, which is ultimately going to make us healthier and create more jobs. Those investments aren't made by the private sector, and we need to make those investments which will directly put people back to work. So we want to go back to the philosophy we had in this country in the 1950s, in the 1960s and a little bit in the 1970s, when we had balanced growth, a rising middle class, strong wage growth, and increases in productivity.
Source
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