I don't know what you mean when you asked me
about the Eisenhower's prosperity,
the president is finally admitted that
his last press conference that we're in an economic dip.
And I think that if you would compare what Eisenhower
is now saying with what Hoover was saying in 1929,
you'd be surprised to see
the similarity of the language used.
The Republicans are feeding the American people
the same language that they fed them in 1929.
In fact, the Eisenhower administration
hasn't learned a thing since 1929.
Don't tell me that we're at a period of prosperity.
When I come from a state, for example,
that has the highest unemployment in
the nation at the present time as of last Monday,
it was 12.7% of unemployment in my state.
Of course, the unemployment situation in
the country is at the present time spotty.
But that's always true.
At the beginning of a recession,
you have well over 3 million unemployed people
than the United States today.
You have the farmers
rapidly losing their purchasing power.
And you have the Republicans with
the audacity of telling you that anyone
that talks about this economic situation
from the standpoint of pointing out to
you the increase in unemployment
is a profit of gloom and doom.
Why that goes back to the days of Hoover and melon.
It is time for the Republican administration to
start talking in terms of
the Full Employment Act of 1946.
And you have yet to hear
a single republican leader in this country say
anything about the Republicans
obligations under the Full Employment Act of 1946?
And what does that act provide?
I worked for I was one of
the sponsors of it. I fought for it.
It provides that in the time of economic decline,
the full resources of government
shall be used to check unemployment.
It's about time Eisenhower go
to work on the Employment Act.