As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key component to economic recovery; hindering trade is a recipe for disaster.
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
In the typical economic recovery, a resurgent housing sector helps fuel reemployment and rising incomes.
There must be a major economic recovery package which puts Americans to work at decent wages.
While I support making improvements in the Affordable Care Act, trying to enact them while holding the government and our economic recovery hostage is reckless and irresponsible.
My mission will be to improve life across Massachusetts, including communities and geographies that are seeing a slower economic recovery. Lower and fairer taxes are an important part of creating jobs and accomplishing that goal.
We have to change course. And we have to do so now. That is why I worked with my colleagues in Washington to pass the Economic Recovery and Reinvestment Act.
What the president announced yesterday, is that somehow magically, if we just continue to prime the pump of taxpayer dollars, we're going to see magically an economic recovery.
A clear lesson of history is that a 'sine qua non' for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system.
Raising taxes is the last thing we should do amid the weakest economic recovery since World War II. Unfortunately, even if we avoid the full 'Taxmageddon' scenario, President Obama's health care law also contains a new surtax on investment that will take effect in 2013.
