Not the people of the first District of Massachusetts, not the rate of the people in the 9th district of New Jersey, my district either, and many districts throughout this country. None of that happened [job creation, invigorating the economy, encouraging risk-taking]. So you had three huge tax cuts during that period of time, and the result was, again, very slow economic growth. The money was used for stock buybacks and dividends and salaries for people at the top. (07:54–08:02)
CLAIM
Asserts that job creation, economic invigoration, and risk-taking did not occur as promised.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
