Political Quotes

On the recordMay 5, 2004
I am here to say that that is just not right. It does matter. It makes a difference. It makes a big difference. I am going to finish my point, because I think it makes a big difference in terms of the economic growth of our economy, and that means the opportunity for Americans, and that means prosperity and ultimately the quality of life of the working people. Look at the data that we have. After we passed a tax cut package, look at what has happened. We have had a 2-decade high point in terms of GDP growth. The economy grew at 6 percent in the second half of last year; it is growing very strongly this year. This is the best economic growth numbers we have had in 20 years. Housing starts are at a record high. Homeownership, a record high number of Americans own their own home today. We have financial markets that have made huge gains, which generally have been a good predictor of economic growth.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Addressing the impact of tax cuts on economic growth and prosperity.

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