Political Quotes

“let me begin by saying that I get a little bit tired of being lectured to about deficit reduction and how significant a problem our deficit is by many folks who voted for legislation time after time over the last 10 years that, in fact, has caused the deficit crisis we are in right now. Some of us voted against the war in Iraq, which will end up costing $2 trillion to $3 trillion, unpaid for. Some of us voted against the Wall Street bailout. Some of us voted against tax breaks for millionaires and billionaires. Some of us voted against the Medicare Part D prescription drug program written by the insurance companies. Those four programs have resulted in trillions of dollars in debt. To those people who voted for that, please don't lecture us about the deficit crisis. We didn't help to cause it. The debate over deficit reduction comes at a very unusual moment in American economic history. While the middle class is in rapid decline, while real median family income is going down, while wages for millions of workers are going down, while poverty is increasing, we also are at a moment when the wealthiest people in this country have never had it so good. Over a recent 25-year period, 80 percent of all new income went to the top 1 percent. Today, as a nation with the most unequal distribution of wealth and income of any major country, we have the 400 wealthiest people in America--just 400 people--owning more wealth than the bottom 125 million.…”