Wilson: “This Administration has misread history, misplaced its priorities, and misspent American tax dollars.”

FOR IMMEDIATE RELEASE
July 7, 2009

Congressman Joe Wilson (SC-02) delivered the following remarks on the floor of the House of Representatives today.

*To View Congressman Wilson’s Floor Speech, Click Here*

“Mr. Speaker, Vice President Joe Biden recently admitted that the Obama Administration misread the economy when drafting their nearly trillion dollar spending bill. Meanwhile, the American people have long known and House Republicans have long argued that this administration actually misread history when putting together their massive borrowing bonanza.

“Had Democrats followed the example of former Presidents Kennedy and Reagan, they would have implemented the type of broad tax relief for American families and small businesses that has a proven record of stimulating the economy and creating jobs. Today’s continued decline in jobs is a symptom of the slow, bureaucratic driven spending this Administration put in place.

“Our economy will recover but small businesses will be far better vehicles of job creation than big government expansion. By saddling future generations with such massive debt while threatening Social Security and encouraging the potential for hyperinflation and higher interest rates, this Administration has misread history, misplaced its priorities, and misspent American tax dollars.

“In conclusion, God bless our troops, and we will never forget September 11th in the Global War on Terrorism.”

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