Political Quotes

On the recordFebruary 8, 2011
Mr. President, President Obama talked with the chamber of commerce yesterday. I think that was a good step, but talk and rhetoric are not policy and not action. It is reported that he received applause from two different lines, and he got that in a 35-minute address, which is a bit unusual. It does appear the President understands he has a serious problem with the job-creating community and is willing to at least meet with people. But the problem really is policy and action. I am disappointed he has not gone further to deal, in a realistic way, with the job problems this Nation has. He talked about lowering corporate taxes but not reducing the burden of government borne by these companies. In other words, he talked about lowering the rate through eliminating loopholes, and some of the loopholes, I am sure, are not justified. Some of them may be very effective in helping us to be competitive and create growth, not just eliminating those and making it appear that the corporate tax burden has been reduced. I talked to the chamber of commerce and businesspeople, and they tell me we are in a competitive world environment, and businesses decide where to make products and hire workers based on the cost of doing business in that area. A CEO in North America, for an international company in my home State, told me: We thought we were going to add 200 jobs--at an Alabama plant that he oversees to make a chemical product.…
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Pete Sessions
Republican · Texas

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