[Congressional Record Volume 140, Number 33 (Tuesday, March 22, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: March 22, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                   COMPARING WHITEWATER AND WATERGATE

  (Mr. ROHRABACHER asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. ROHRABACHER. Mr. Speaker, I do not address the House today to 
make the obvious comparisons between Whitewater and Watergate. I think 
it would be wrong for me to continue on this vein, because many other 
people have spoken about that today, and continue to speak about that, 
but I would like to make another historical comparison that I think a 
lot of people are missing today.
  Mr. Speaker, one of the reasons that Whitewater is not being compared 
to Watergate is because the economy seems to be doing so well today 
that the President is able to talk about the economy. I would just like 
the American people to note that it takes about 1\1/2\ to 2 years for 
any President's policies to actually impact on the economy of the 
United States of America.

                              {time}  1240

  The first 2 years of the Jimmy Carter administration were relatively 
good years because, of course, he was living on the policies in those 2 
years, the economy that was dictated by the policies prior to Jimmy 
Carter becoming President. That is what we have today under Bill 
Clinton.
  I would just predict that once the increase in regulation, the 
increase in taxation, the Democratic policies that this administration 
has put into place actually impact on the economy, this economy will go 
down, people will suffer, and then they will really be interested in 
hearing the comparisons between Whitewater and Watergate.

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