Small Group Quotes
There is some debate as to whether this statement was made at this time or different parts of it on two different occasions. The sentiment and position appears to be genuine but the issue of the timing is in doubt.
He was referring to the arch conservative isolationists who did not want to spend any Federal money to strengthen the armed forces and their weaponry.
For the previous 7 years the economy had grown but almost all the benefits went to the rich producing a dramatic period where the average worker did not even get a raise under the George W. Bush economic and tax policies.