Political Quotes

“That is the operable phrase, my friend. If you are in a hole, and we are in a very deep deficit hole, you ought to stop digging. In 2001 we were told that the tax cuts of $1.3 trillion were going to revive the economy. They did nothing like that. What they did was to cause more unemployment and the financial markets to lose confidence in the future, and it has hurt States and localities terribly. I suspect, though, that the answer to the gentleman's question, why has this President Bush acted so differently than his father, is that he recognizes that although his father did the right thing in 1990, set this country on the course of a balanced budget, and really it was President Clinton acting consistently with that 1990 legislation in 1993, but the first President Bush deserves a lot of credit. But I suspect the people in the White House now feel that may have been why he lost the presidency. But that ought not be the criteria. The criteria ought to be whether your years in service to this country have produced a better America, not only for your family and my family and the whole American family, but, most importantly, for future generations of America. That is what we are looking for. We are looking for that long-sighted economic policy that has worked in the past.”