Political Quotes

“Mr. President, I thank the Senator from North Dakota. I think he put it absolutely right in terms of what the priorities should be and what the stakes are in the budget debate. I thank him for his leadership on this issue. I want to close with one final point he made. He spoke a lot about the impact on the economy and what happens when we get economic growth. His State is a good example of this, because the State of North Dakota has a growing economy. And when we have a growing economy, we have people who are making money, people who are working, people who are investing, and that means people are paying more taxes, and that is how we get more revenue. What we need is a growing economy. In the last 4 years, the average growth rate is less than 1 percent, eight-tenths of 1 percent. The 60-year average of economic growth, post-World War II, is 3.3 percent. So we are growing at less than 1 percent. In the last 4 years we have added $6 trillion to the debt, and we still have 12 million people unemployed and an unemployment rate that continues to hover around 8 percent. Having said that, wouldn't we think we would want to try something different and go in a different direction? Yet this budget doubles down. It flat doubles down on these failed policies of the past 4 years that are antigrowth, antijobs, and continue to tax and spend and borrow as if there is no tomorrow. We need a different path. We need a different approach.…”