More Gramm: “All Our Poor People Are Fat”
Saying we’re a nation of mentally depressed whiners seems to be one of the least controversial things McCain economic advisor and former Senator Phil Gramm has said.
He has a long history of wacky views, as Think Progress chronicles.
“Minimum wage laws tend to cut the bottom rung off the economic ladder. The plain truth is there should be no minimum wage law in this great land of free enterprise.” – Gramm, 5/17/89
“We’re the only nation in the world where all our poor people are fat.” – Gramm, 9/6/81
And here is what Gramm said about Bill Clinton’s 1993 budget, which led to the surplus Bush destroyed:
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“I want to predict here tonight,” he said on the evening that Clinton’s budget passed in the spring of 1993, “that if we adopt this bill the American economy is going to get weaker and not stronger, the deficit four years from today will be higher than it is today and not lower … When all is said and done, people will pay more taxes, the economy will create fewer jobs, the government will spend more money, and the American people will be worse off.”
Copyright 2008 Liberaland