Political Quotes

“I come to the floor because the American people have just received more horrible news about our economy. The Commerce Department reported this morning that our economy grew at the smallest rate in 3 years. The exact number is 0.1 percent--much worse than expected. To be specific, investment in business equipment declined, residential home construction declined, U.S. exports fell sharply, and companies increased inventories at a much slower rate. I wish to read what some of the economists have said about this. Dan North, a chief economist, said: We've been living in sub-3 percent land, and people have gotten used to that as the new normal. But it's not. It's anemic. To make matters worse, the Financial Times this morning is reporting that China is poised this year to pass the United States as the world's leading economic power. The American people deserve better than this and they shouldn't have to accept that anemic growth as the new normal. They deserve growth, good jobs, and better opportunities. That is not what they are finding from the Obama economy. Instead, the President continues to push an agenda that makes it harder for Americans to find good jobs and to bring home bigger paychecks. So I wish to speak about how the health care law specifically is slowing growth and how it is making American paychecks smaller. I met earlier today with business leaders from Wyoming.…”