Political Quotes

“Mr. President, I want to talk a little bit today about jobs and the economy and people's health care, and they are all related. We are in the midst of one of the slowest growth periods for the economy in the recent history of the United States. They just revised the figures again. That makes three times the figures have been revised for the last quarter. They now show a two-tenths of 1 percent growth. They should be showing about 2 percent growth for the year. Why is that a problem? If the economy increases by just 1 percent, it results in $300 billion to $400 billion more tax revenue without raising taxes. That is where we need to be. When it is less than that 2 percent, that means we are losing that much in additional money. We make these decisions on about $1,100 billion a year, and we are overspending that by $468 billion. That is almost 50 percent overspending. No family can afford to do that, no city can afford to do that, and no State can afford to do that, but apparently the Federal Government can because we just borrowed more. So far, there is a lot of confidence in this country that we can continue to borrow. One of the areas where job growth and economy growth are impeded is with health care. President Obama is disconnected from the harsh reality that this health care law has created for people.…”