Political Quotes

“I rise to talk about the economy generally and the negative effect President Obama's policies are having on the economy and its health and particularly on middle-class families. I do not think we have to look very far to see that impact; in fact, this economy, which is growing at a very sluggish rate, the slowest recovery in 50 years. In other words, the economy, in terms of coming out of a recession that we had a few years ago, is recovering at a slower rate than in any recession in the past 50 years. The labor participation rate--in other words, the number of people in the workforce--is at a lower level, percentagewise, than it has been in 35 years. We have to go back to the administration of Jimmy Carter to find a time when the labor participation rate was at a lower level than it is today. In fact, in the last year, of the jobs that have been created, 60 percent of those jobs are part-time jobs. We are not creating full-time jobs, we are creating part-time jobs, meaning that American workers are having to work more than one job to make ends meet and are having lower take-home pay. In fact, the take-home pay, the average household income, is down by about $4,000 since the President took office. So we have lower take-home pay, fewer jobs, at least fewer full-time jobs, a slow, sluggish economy. Why is that the case? Frankly, it is because the policies the President is putting in place are making it more expensive and more difficult to create jobs.…”