Political Quotes

On the recordDecember 8, 2010
Well, first of all, I want to thank my good friend from Missouri for hosting this hour. This is a very important issue. We are facing, without action and intervention, the largest tax increase in the history of our country. And the Laffer Curve and the professor that put that together, very smart man. And I think it's very telling. I think that actually it could be named, take a little creative license, and in addition to being a Laffer Curve, a curve of uncertainty, or certainty. Because there is some point in there, and you have already mentioned that word, that you either have certainty in the economy, and jobs are created, and economic development happens, or you have uncertainty and things come to a screeching halt. And that's what we've seen over this past 2 years-plus in terms of the economy. And that's jobs. And the one thing I tell people, or what I hear when I go around and I talk with the people at home--frankly, I talk with the people who are the job creators--it's uncertainty in the economy. And a lot of that has to do with taxes. They don't know what taxes are coming. They have been not just these--and some people will call these the Bush era tax cuts. Frankly, I will call them the people's tax cuts. We have been enjoying them for almost a decade now. It's been money in the pockets of the people at home. They are making decisions.…
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Glenn Thompson
Republican · Pennsylvania

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