Robert Casey Quotes
A recession forces excruciatingly difficult choices.
Robert Casey, Governor of Pennsylvania (Democrat), U. S. Senator (Democrat, PA), Interview, C-SPAN American Profile, October 18, 1992
Sourced by: Eigen's Political and Historical Quotations
Statement made in response to Jimmy Carter's technical arguments about the economy at a Teamsters convention in Ohio.
The Dutch King’s brother, Emperor Napoleon Bonaparte Bonaparte, insisted on Dutch contributions to his war effort in the way of Dutch troops, ships and provisions. Yet there was not enough possible revenue to pay for such a war effort.
The country was in a terrible recession and McKinley and other politicians of the time did not know about or understand the use of a counter-cyclical policy of government stimulus. With the economy devastated and the main revenue for the Federal Government coming only from import customs duty, the Federal coffers were emptying rapidly. Retrenchment was the only possible step that was then known.
Robert Patrick Casey Sr. was an American lawyer and politician from Pennsylvania who served as the Democratic 42nd Governor of Pennsylvania from 1987 to 1995. He served as a member of the Pennsylvania Senate for the 22nd district from 1963 to 1968 and as Auditor General of Pennsylvania from 1969 to 1977.