Political Quotes

On the recordMay 25, 2010
First of all, the Democratic Party is called the Democratic Party, not the Democrat Party. We are democratic, and we give the same respect to our Republican fellows. I would hope that we would show more respect on the floor in properly referring to the Democratic Party by its proper name. But maybe much more important, let's get our facts straight. When President Clinton left office in 2000, he left this country with a surplus, with three back-to-back budget surpluses, and surpluses as far as the eye could see, under Democratic economic management, a booming economy that created more jobs than any other administration in history, and economic and budget surpluses that actually had created some concern on Wall Street that we were going to fully pay down the national debt over the next 10 or 12 years and put in jeopardy the treasury market and the bond market. There were actually stories wringing their hands about that. In 8 brief years, the Bush administration and their allies in this Congress took care of that. They took record surpluses and turned them into record deficits.
Said by
Gerry Connolly
Democratic · Virginia
Source
govinfo.gov
May 25, 2010

Editor's note · Context

Connolly addresses the importance of correctly naming the Democratic Party and discusses economic management under Clinton and Bush.

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