Bill Shuster: “It is the equivalent, it is one thing if you own a business to have more sales; but what we do, you raise the price, and…”

“It is the equivalent, it is one thing if you own a business to have more sales; but what we do, you raise the price, and when you are in business and in trouble and in deficit, you can't just go out and say, oh, I am going to raise the price of the car, raise the cost of the washer or dryer. That usually doesn't work. Usually what happens when you raise the price, the market, the demand is not great enough, it will drive down your revenues. What we are doing here is raising the price. It will drive down revenues, as it always does. As we said earlier, whether it is President Kennedy in 1960 or Ronald Reagan in 1980 or President Bush in the early 2000s, when you cut taxes it spurs the economy, and it creates more revenues.”