Political Quotes

“In the years of Obama's service, we did, together, meet those challenges. His first and most pressing task was to rescue an economy on the brink of collapse. Working with the Democratic-controlled Congress, the American Recovery and Reinvestment Act, the stimulus, was passed and created 3.7 million jobs and saved the jobs of millions of teachers, firefighters, police officers, and social service providers. The Recovery Act also cut taxes for working families, extended unemployment insurance, and expanded the earned income and child tax credit, which disproportionately benefits African Americans. The challenge was met. So any discussion of any excitement about the work of this administration creating an economy, it is an economy that was literally given to them because of the work of President Obama and the Democratic Caucus. We have, now, $2 trillion extra in debt. We have the pending possibility of wars. We have the continuing downward spiral of issues that will impact this economy. So, with this terrible tax cut, we were not given a strong economy. We paid an extremely high price: $1.9 trillion for tax cuts has done little for the economy. There is no such thing as a bump by this administration. Key indicators are saying that things, in actuality, are worse. The Joint Economic Committee says unemployment was cut by more than half during the Obama administration, from a peak of 10 percent to 4 percent. The economy had experienced 76 consecutive months of job growth.…”