Political Quotes

On the recordJanuary 26, 2010
One thing I just want to add on that before I move to the gentleman from Colorado is to say anyone who has run a business or a household knows the difference between an expenditure and an investment. Going out to the movies is different than investing in a solar panel or retrofitting your home. Now is the time where we need to be investing. We can do that through some of the retrofitting of both our commercial and residential stock. We can do that by investing in our workforce development and by getting that lending, again, to small and medium-size business. There has been a thought among some of the elites in this country that we can continue to prosper without building anything, without growing anything. At some point, we have to be creating value in the system. Our financial sector is extremely important, and it will be strong if there are good rules in place that allow for predictability. But we also must remember the industrial and agricultural sectors. These are not things of a bygone past, though sometimes in this city and on Wall Street that is forgotten. These remain major drivers of economic growth, major drivers of employment; and we must have an economic development strategy in addition to a financial sector strategy.
Said by
Tom Perriello
Virginia

Editor's note · Context

Perriello discusses the importance of investing in economic growth and development.

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