Political Quotes

John Spratt: “Exactly. That is the complete and full point, namely, that we have got an economy with deficient demand. It is lagging.…”

On the recordJune 9, 2003
Exactly. That is the complete and full point, namely, that we have got an economy with deficient demand. It is lagging. It is mired in a jobless recovery. And to get it up on its feet and running, you have got to put money in people's pockets to spend so that they can go buy things, work down inventories, and get the economy running at full speed again.
Said by
John Spratt
South Carolina

Editor's note · Context

Discussing the state of the economy and the need for increased consumer spending.

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