Mike Conaway: “Let me make a comment if I could on something that you had said. You talked about what hardworking Americans do with the…”

“Let me make a comment if I could on something that you had said. You talked about what hardworking Americans do with the money that they earn and keep; and you went through a litany of things that they buy, washers and dryers, cars and all these kinds of stuff. If you think about it, though, everything that they bought is made by somebody; and that person made a living making whatever it is they made. Then there is also a good string of, for lack of a better phrase, middlemen in between that product being made and it being sold to the American consumer, which is the ultimate driver of this economy. You have got truck drivers and warehousemen and storage handlers and retailers and a long list of people who take that finished product from wherever it is made, even if it is made overseas, from wherever it is made, and they get it all the way to that retailer's shelf, where an American consumer takes that money that he or she earned themselves and they go buy that product. That starts the cycle all over again that has built a growing economy that is now in its fourth year of growth; and if you look at the CBO estimates that the Budget Committee will talk about tomorrow, that growth is expected to continue over the next 10 years.”