Friday, November 22, 2024 Text is available under the CC BY-SA 3.0 licence.

Martin Luther King

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Today the poor are less often dismissed, I hope, from our consciences by being branded as inferior or incompetent. We also know that no matter how dynamically the economy develops and expands, it does not eliminate all poverty.
The problem indicates that our emphasis must be twofold. We must create full employment or we must create incomes. People must be made consumers by one method or the other. Once they are placed in this position we need to be concerned that the potential of the individual is not wasted. New forms of work that enhance the social good will have to be devised for those for whom traditional jobs are not available.

 
Martin Luther King

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Senator Menendez seems to think that tax increases create jobs and investment. I believe that private businesses create jobs, and that investment will flow to states with good economic climates and good governance, especially in a globalized economy.

 
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I actually think it will be interesting to listen to the President tonight. What I'd like him to do is report on his promises but there are forgotten promises and forgotten people. Over the last four years, the President has said that he was going to create jobs for the American people and that hasn't happened. He said he would cut the deficit in half and that hasn't happened. He said that incomes would rise and instead incomes have gone down. And I think this is a time not for him not to start restating new promises but to report on the promises he made. I think he wants a promises reset. We want a report on the promises he made. And that means let's hear some numbers. Let's hear 16. Sixteen trillion dollars of debt. This is very different than the promise he made. Let's hear the number 47. 47 million people in this country on food stamps. When he took office, 33 million people were on food stamps. Let's understand why it was he's been unsuccessful in helping alleviate poverty in this country. Why so many people have fallen from the middle class into poverty under this president. Let's have him explain to the American people the 50% number. Why 50% of college graduates can't find work or work that is consistent with their college degree. The President needs to report tonight on his promises rather than try and reset a whole series of new promises that he also won't be able to keep.

 
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I think there are things of which I and the people who have worked with me can feel deservedly proud. They include restoring Russia's territorial integrity, strengthening the state, progress towards establishing a multiparty system, strengthening the parliamentary system, restoring the Armed Forces' potential and, of course, developing the economy. As you know, our economy has been growing by 6.9 percent a year on average over this time, and our GDP has increased by 7.7 percent over the first four months of this year alone.
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