Senate Minority Leader Mitch McConnell (R-KY) said that people will begin to work once they run out of savings, USA Today reports.
Said McConnell: “You’ve got a whole lot of people sitting on the sidelines because, frankly, they’re flush for the moment. What we’ve got to hope is once they run out of money, they’ll start concluding it’s better to work than not to work.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.