Jim Talent Quotes
When the private does well, there's revenue for the public sector.
Talent, Jim. Interview. Fox News, FOX News Network, 2012.
Although the Professor was often right about this technique, at the time he made this statement, the Clinton administration was actually cutting spending and using much of the revenue to pay for the deficit—just the opposite of what the Professor was worried about. It was successful and the deficit was eliminated and surpluses were projected. However the succeeding administration more closely followed the professor’s pattern and increased spending enormously for serious needs, but also cut taxes, so that we went during the Bush administration from the largest projected surplus in American history to the greatest deficit in American history.
James Matthes Talent is an American politician and former U.S. Senator from Missouri. He is a Republican and resided in the St. Louis area while serving in elected office. He identifies with the conservative wing of the Republican Party, being outspoken on judicial appointments, abortion, flag burning, and defense issues.