A Quote by John Boehner
Well, as a former small businessperson - I understand what's going on, I think in the business community. And businesspeople around the country are looking at all the spending and all the debt. They're looking at all the policies coming out of this Congress and this administration the last two years, and they - it's created all this uncertainty.
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I've reached out to other mayors throughout the United States to form an Olympic Task Force of Mayors, and to community leaders, Congress, and businesspeople. As thousands of people around the country join the movement, it gets more and more exciting.
Puerto Rico is a government that is spending money that it doesn't have. What's coming in and what's going out don't match. That is, what they are receiving in taxes is not sufficient to cover the spending that they are taking on. And any entity that does that, whether a family, a business, a government, is going to go broke and bankrupt. They are asking to be given the right to declare bankruptcy, which I think should be an option, as a last resort, if there is no other resource.
Remember we had two Democratic houses of Congress along with the [Barack] Obama administration that laid out those policies before they lost Congress because people were very disappointed in what the Obama administration did - bailing out Wall Street instead of bailing out Main Street. So as someone who follows the climate very closely, there's no question that "all of the above" has been an absolute disaster.
If you think about a business where uncertainty is an anathema, it's around consumer spending, and it's around retail.
I have some advantages of viewing from the two lenses, the two perspectives. I think that a lot of visual artists who come back here from the United States and are Cambodian also write from their American references - looking inside the old culture, and looking at themselves as an American looking into the country where they were born.
I don't detect any animus or lack of caring from Donald Trump on anybody in business. Trump knows where most of the jobs are created in this country. I don't think there's any evidence that Trump is uninterested or has any kind of an animus against small businesspeople. I think it's just the opposite, in fact.
This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars.
The government's Small Business Administration reports that small businesses represent 99% of all employers in the U.S. and are responsible for generating well over half of new jobs created.
If we had decided on January 5, in the new House of Representatives, to make no new spending bills, the debt ceiling would've still been hit, because, those are bills that are coming in as a result of purchases and commitments made by the administration and the previous Congress.
Patriotism is easy to understand in America. It means looking out for yourself by looking out for your country.
You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'
It's good for a country to have a revolution every 20 years. I hope that's not where we're going. But, you know, if this Congress keeps going the way it is, people are really looking toward those Second Amendment remedies.
All I say is, nobody has any business to go around looking like a horse and behaving as if it were all right. You don't catch horses going around looking like people, do you?
The space that we're looking through is nine-dimensional. If you build a mathematical model, the amount of searching that we've done in 50 years is equivalent to scooping one 8-ounce glass out of the Earth's ocean, looking and seeing if you caught a fish. No, no fish in that glass? Well, I don't think you're going to conclude that there are no fish in the ocean. You just haven't searched very well yet. That's where we are.
I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest running stock in the Dow Jones industrial average. It will be 100 years now it will be around. I hope I'm around then, too. And it was an attractive investment. And we have had a lot of money around, over the last two years, and we're seeing things that are attractive now.
We talk a lot in Congress about how we're going to encourage more development in renewables, and we put in place a subsidy that's good for two years. Then Congress argues and bickers over whether or not we're going to extend it. As a consequence, nothing happens because we've put so much uncertainty into the prospect of these subsidies.
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