Political Quotes

On the recordFebruary 3, 2010
I appreciate the gentleman yielding. When I heard what you were doing, I wanted to come down here and talk. You know, a week ago we heard from the President here in the House of Representatives, and he talked about this recession that he inherited. Okay, it's almost as if no President has ever had to deal with a recession before. I don't know about you, but 20 years ago, we had a pretty bad recession where I lived in north Texas. In fact, I remember it very well because--I'm a doctor--the medical group that I was in was under such stress from this recession that it splintered apart, broke up. I found myself on January 1, 1990, beginning a whole new venture as a solo practitioner in obstetrics and gynecology in my town. And quite honestly, I wondered how I would make it. The recession was rough. We didn't have anyone coming down from Washington with a big bag of dollar bills saying, You guys doing all right? You need some more cash? We'll be glad to front it to you. At that time, the bad actors were the savings and loans that had imploded. But real estate markets had fallen, energy prices had fallen, and Texas was certainly upon hard times. The reason this came to mind was the story recently about the number of people in the administration who worked in a private sector job, and the number is astonishingly low. It's in the mid-single digits.…

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