Political Quotes

“Minus 2\1/2\ million so far and dropping. We ought not refer to September 11, because this chart going back to the Truman administration includes the Korean War, the Vietnam War, the beginning and end of both of those wars, the Cold War, hostages in Iran, the first Persian Gulf war. All through that period of time, coming and going, through everything that has happened in the economy, jobs were created. Not after we passed this trillion-dollar tax cut. I just want to point out, again, who benefited, because obviously people did not get jobs as a result. This is by income. We will see $10,000, $10,000 to $20,000, $20,000 to $30,000, and $30,000 to $40,000. We begin to see a little benefit here at $75,000 to $100,000, but those who are making over $1 million are off the chart. Now, we should not be surprised that we did not create jobs. This is a study by the Joint Committee on Taxation, with a Republican majority, on how many jobs would be created if we passed this plan. We will see that there is a short-term spike in jobs, but right after that, at best we will end up where we started. Most of the models show we will end up with fewer jobs had we done nothing at all.”