Political Quotes

Tim Ryan: We want to go back to the Bush doctrine on taxes and on energy and all of this, and the economy and not regulating Wall…

On the recordSeptember 15, 2010
We want to go back to the Bush doctrine on taxes and on energy and all of this, and the economy and not regulating Wall Street, they want to go back to the Bush doctrine of economic policy. Now I understand that we are having this tax debate now because the tax cuts for the wealthiest Americans and everyone are going to expire. We need to remember that these were the tax cuts that were going to unleash the economy in the United States. We were going to have all of this growth because of the Bush tax cuts. Cut taxes for the wealthy, explosion among developers, explosion among the economy, and we're going to have low unemployment and everything else. And where did it end? The absolute collapse of the United States economy. What we're saying is not only tax cuts for the wealthiest in the country but tax cuts to offshore work, incentives for businesses to offshore work out of the country. So it's tax cuts for the wealthiest, offshoring work, having a prescription drug plan that you don't even pay for, borrowing money from the Chinese to run two wars, okay? So this is all the Bush Doctrine which would privatize Social Security and Medicare. This is all the Bush Doctrine.
Said by
Tim Ryan
Democratic · Ohio
Source
govinfo.gov
Sep 15, 2010

Editor's note · Context

The speaker critiques the economic policies associated with the Bush administration and their impact on the economy.

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