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Senate Proceeding on Apr 13th, 2011 :: 2:54:50 to 2:57:35
Total video length: 9 hours 11 minutes Stream Tools: Stream Overview | Edit Time

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Johnny Isakson

2:54:47 to 2:55:08( Edit History Discussion )

Johnny Isakson: serve with you and senator coats. i want to respond to something said this morning. senator coats and others were with -- he was living on hawaii, the youngest of eight children, the japanese attacked pearl harbor, america went to war with

Johnny Isakson

2:54:50 to 2:57:35( Edit History Discussion )
Speech By: Johnny Isakson

Johnny Isakson

2:55:09 to 2:55:30( Edit History Discussion )

Johnny Isakson: the axis powers and 16 million americans in that generation went to the pacific and europe and because of the g.i. bill eight million went to universities and got bachelor's degrees and started small businesses and industries that took the united states economy to dynamic growth and opportunity to every generation that succeeded him up until now.

Johnny Isakson

2:55:31 to 2:55:52( Edit History Discussion )

Johnny Isakson: senator sessions you and i and senator coats and senator akaka who is retiring next year, we are all part of a generation that will at some time leave a legacy to our children and grandchildren. you have children and grandchildren, i have them, senator coats does as well, i don't want to be the first generation since world war ii to leave my children and

Johnny Isakson

2:55:53 to 2:56:14( Edit History Discussion )

Johnny Isakson: grandchildren worse off than every generation before that left their children and grandchildren. and this economic war that we have on spending and debt is every bit as damaging as a war with bullets an bombs because -- and bombs because with too much leverage, an inably to pay our debt, you have what we had before in the early 1980's where

Johnny Isakson

2:56:15 to 2:56:35( Edit History Discussion )

Johnny Isakson: you had double-digit unemployment, double-dij interest rates -- digit interest rates and double-digit inflation. remember when unemployment was 14% and inflation was 12%. it's called a misery index. america started borrowing too much, spending too much and business contracted.

Johnny Isakson

2:56:36 to 2:56:57( Edit History Discussion )

Johnny Isakson: we need to make sure we don't have that happen again. because the greatest economic threat to the security of america is runaway interest rates, runaway inflation and runaway unemployment. we want to allow free enterprise in america to come back, reduce our deficit over and reduce our debt over time.

Johnny Isakson

2:56:58 to 2:57:18( Edit History Discussion )

Johnny Isakson: we don't have to pay it all off, but we have to stop the increase. we have to get it back in order. i pledge this as senator coats did and i know i heard you say it as well, i will not leave my children and grandchildren worse off than my parents and grandparents. democrats and republicans, presidents, congressmen and

Johnny Isakson

2:57:19 to 2:57:36( Edit History Discussion )

Johnny Isakson: senators need to sit down at the american kitchen table and do what we asked of the american people, get our spending in order and look to a brighter, more prosperous future for those who will succeed us. thank you for the time. mr. sessions: let me ask you one more thing. let's take the ryan budget.

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