Political Quotes

“this week there is more proof that last year's doomsayers employed empty rhetoric when they predicted economic disaster if the President's deficit reduction plan was enacted. Jobs are being created at the rate of 164,000 per month, the fastest rate in 4 years. Last year, 1.6 million jobs were added to the economy, a half million more than the 4 previous years combined. The unemployment rate has dropped almost 1 full percentage point in just 12 months. Business investments have rocketed. Spending on major appliance and other durable goods is 11 percent higher than the last quarter of 1993. Inflation is under control, interest rates remain low, and the housing market has strengthened by 25 percent since July. The deficit reduction package was a good bill. Our Nation has grown stronger. The economy has improved, and will improve still more-- despite last year's doomsday rhetoric. I am confident we will act once again to further improve the economy and control the deficit--and once again spite the doomsayers.”