Political Quotes

“it was expected to be a fiscal failure. It was predicted to create a recipe for disaster. It was supposed to drive the economy in the gutter. It had been compared to a deadly virus that would kill jobs, stifle economic growth, and suffocate the American people with higher taxes. Where is this monster of economic mayhem of whom I speak? Mr. Speaker, I rise today to tell you that such a monster does not exist and is purely a myth created in the minds of those who did not believe in the efficacy of President Clinton's budget. Instead of a monster bent of economic destruction, the President's budget--like a phoenix rising from the ashes of previous administrations--has brought about positive changes for the American people and the American economy. Leading economic indicators are up. Consumer confidence is up. Job growth, household spending, retail sales, business investments, factory orders and housing starts also are on the rise. Low interest rates have spurred business investments and made it possible for millions of Americans to refinance their homes. And to those who seek to divert attention from the realities of this Nation's sound economy, the $255 million budget deficit, the lowest since 1979, should serve as a major indicator of a budget that has proven itself to be right on target.”