Political Quotes

On the recordOctober 28, 1992
Well, that's a pretty hard sell if you're thinking of voting for Clinton, because I would think you'd look at the whole record, including the Arkansas record. I think you would look at the rhetoric, if you're an accountant. We'd been told that this country--by the Democrats--that we're in a big recession. We have had growth for the last six quarters. And I have been saying we're not in a recession. And people like Governor Clinton are saying I am out of touch, aided and abetted by a lot of, you know, talking heads on the television, some Republicans and some Democrats. I believe I am in touch. I believe I understand what's needed. And I think the philosophy of Government that I have would better help the average working man. Let me give you an example: Governor Clinton talks about having Government invest, to use his--and he puts that to, exact quote, invest. It is not Government that creates any meaningful job and expands the economy. Government takes your money, and you know this as an accountant, and goes about investing it. Well, it's not investment. It is spending. What we need to do is do what I've suggested to spur small business. As an accountant, try this one on: investment tax allowance, capital gains. It is not a tax break for the rich. It will stimulate, in my view, entrepreneurship. And I like the credit, $5,000 credit for the first-time homebuyer, because I think it would stimulate the housing business and also all the businesses that go into it. He wants to invest, take $220 billion and let somebody back in Washington invest it, and I don't. I want to free up, through less spending and hopefully less taxation, the private sector. And so we have a big difference on that. And I would say the fundamental philosophy is different. And if you think that we need more Government and more spending on that level, you may go with Governor Clinton, but I'd ask you to look at the Arkansas record. I'd ask you to look at the rhetoric that's been used against me up until yesterday when people saw that we are growing and that our economy is better than Japan and Germany and Europe, although we were told that we've got to do more like Japan and Germany. This is no time to move toward European nationalism or whatever you want to call it. They're moving toward us. So I've got a big philosophical difference with him, and how you decide on these economic issues should consider that. I'm also asking people to look at the overall leadership: who do you trust if a crisis comes up, and is the world more peaceful, and all that kind of thing. So I hope I can win you over. Maybe not. I'll put you down as doubtful at this point. [Laughter] Moderator. Mr. President, going back to his question, though, about being out of touch----
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George H.W. Bush
Republican · Texas

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