Political Quotes

On the recordSeptember 27, 2018
It is with some sadness that I have to say I believe this is an absolutely terrible tax bill. The economy is growing. That has been a claim that has been made by proponents of this tax policy. But it is growing for the few. It is not growing for the many. We have the lowest unemployment rate we have had in years. We have had the highest profits in corporations that we have had since before the Great Depression. Yet, right now, in this country, childhood poverty is increasing relentlessly. Relentlessly. How does that happen when we have such a great so-called economy? It happens because we have created the hydraulic system that is transferring money from the low income and middle class to the very wealthy. That is what this Congress has done. And there are consequences to the children who are now in poverty and will be in poverty, but also to those everyday families who aren't on the right side of the digital divide and whose wages for the past 20 years have been stagnant or declining, even as the things they need--college education for their kids, prescription medication for their families-- those prices are exploding. And by the way, Pharma gets a huge giveaway. They have got the highest profits they have ever had, and we are passing a tax bill that gives them more. We are shoveling money to them when they are sticking price increases to all of us. This doesn't happen by accident. This has nothing to do with the so- called entrepreneurial economy.…
Said by
Peter Welch
Democratic · Vermont

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