A Quote by Newt Gingrich
As [House] speaker, I came back, working with President Bill Clinton. We passed a very Reagan-like program: less regulation, lower taxes. Unemployment dropped to 4.2 percent. We created 11 million jobs.
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Well, I think that there's a clear record, I worked with Ronald Reagan in the early '80s and his recovery program translated into today's population of about 25 million new jobs in a seven-year period. As Speaker of the House, I worked with President Clinton and he followed with a very similar plan. And we ended up with about 11 million new jobs in a four-year period.
The left does understand how raising taxes reduces economic activity. How about their desire for increasing cigarette taxes, soda taxes? What are they trying to do? Get you to buy less. They know. They know that higher taxes reduce activity. It's real simple: If you want more of an activity, lower taxes on it. If you want less of an activity, raise taxes. So if you want more jobs? It's very simple. You lower payroll taxes. If you don't want as many jobs, then you raise corporate taxes. It's that simple, folks.
Certainly, the job of a U.S. senator is to create a climate conducive to creating jobs, which is lower taxes and less government regulation. What Harry Reid has been doing is putting forward those policies that actually put more regulation on business.
I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.
The federal Religious Freedom Restoration Act passed unanimously in the House, won 97 votes in the Senate, and was signed into law by President Bill Clinton. Twenty states have passed their own versions of this law, and 11 additional ones have religious-liberty protections that state courts have interpreted to provide a similar level of protection.
People aren't stupid. I mean, people remember in 1990, the unemployment rate was 10 percent. Now it's 4 _ percent. We've got 1/4 million jobs that we've created.
I think most people... would be glad to pay the same taxes they paid when Bill Clinton was president, if only they could have the same economy they had when Bill Clinton was president.
If you increase taxes now on - at any level, it's going to make it harder to create jobs And we've lost 2 1/2 million jobs since the stimulus package passed. We're at 9.6 unemployment. So I don't think we tax too little, I think we spend too much.
President Bush is now focusing on jobs. I think the one job he's focusing most on is his own. The White House is now backtracking from its prediction that 2.6 million new jobs will be created in the U.S. this year. They say they were off by roughly 2.6 million jobs.
So I'm not proposing anything radical. I just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under Bill Clinton. Back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot. ... At the same time, most people agree that we should not raise taxes on middle-class families or small businesses -- not when so many folks are just trying to get by.
She [Hillary Clinton] and Bill [Clinton] supported the NAFTA, the adoption of NAFTA that sent our jobs overseas, and they both supported Wall Street deregulation, which laid the groundwork for the disappearance of 9 million jobs and the theft of 5 million homes.
Bill Clinton was a brilliant politician. If President Obama was a brilliant politician he would have come out before the election and said 'Hey we're gonna cut taxes, grow the economy, what I'm doing's not working, and we're gonna change course' like Clinton did.
The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.
Less government, less regulation, lower taxes.
Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s.
It wasn't simply that Clinton created the greatest prosperity in the country's history. Or that we created 22 million new jobs, more than ever before. Under Clinton, poverty was reduced 25%.
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