Political Quotes

“We begin another week in political wonderland. The Dow falls 100 points at the opening bell. What is it that we should do? Well, if we had the knowledge and problem-solving skills of average college sophomore economic students, or women in a church study group, before the week is out, we would take some simple steps. First, we would understand that, in a divided government with real economic challenges, no one group is allowed, especially those representing a minority opinion, to have their way entirely. Then, we would begin by repealing the silly debt ceiling limitation, a law that was enacted in 1917 when the United States was about to embark upon a borrowing binge in World War I. It was used to look like we were fiscally responsible, a charade that we have done dozens of times since. The fact is, these are debts we've already incurred, and the United States will honor them. What sort of theatrics are we going to go through until we finally own up? Next, we would actually deal with the twin challenges of unsustainable spending and tax cuts along with the need to restore our economy and compete in a global business environment. In an ideal world, my Republican friends would use their opportunity over the next 10 weeks to actually show how they would control spending in a way that is possible within the political process.…”