Remember, Republican economic policies quadrupled the debt before I took office and doubled it after I left. We simply can't afford to double-down on trickle-down.
Interpretation
This quote criticizes the effectiveness of trickle-down economics and highlights the increase in national debt during and after Clinton's presidency.
William J. Clinton's quote reflects his perspective on economic policies, particularly criticizing the concept of trickle-down economics, which suggests that benefits for the wealthy will eventually trickle down to the rest of the population. He points out the significant increase in national debt associated with these policies, indicating that they are not sustainable or effective in promoting economic growth for all.
In practice
In a debate about economic equity, one might reference this quote to argue against trickle-down policies.
You know, there was a recent poll which said that young people in the generation of the students here felt it was far more likely that they would see a UFO than that they would draw Social Security... It's very important you understand this. Once you understand this, you realize this is not an episode from the X Files, and you're not more likely to see a UFO if you do certain specific things.
When we got organized as a country, [and] wrote a fairly radical Constitution, with a radical Bill of Rights, giving radical amounts of freedom to Americans, it was assumed that Americans who had that freedom would use it responsibly...When personal freedom is being abused, you have to move to limit it.
For too long we've been told about 'us' and 'them.' Each and every election we see a new slate of arguments and ads telling us that 'they' are the problem, not 'us.' But there can be no 'them' in America. There's only us.
There is a huge body of business evidence now showing that energy savings give better service at lower cost with higher profit. We have to tear down barriers to successful markets and we have to create incentives to enter them.
Demand that your government pays more attention. It's immoral that people in Africa die like flies of diseases that no one dies of in the United States. And the more disease there is, the more political unrest there will be, leading to more Darfurs, which the U.S. will have to pay to fix.
I was not elected to produce a pile of vetoes.
How can wealth persuade poverty to use its political freedom to keep wealth in power? Here lies the whole art of Conservative politics in the twentieth century.
Traitors who prevail are patriots; usurpers who succeed are divine emperors.
My friends and I have been coddled long enough by a billionaire-friendly Congress.
That fatal drollery called a representative government.
If a politician found he had cannibals among his constituents, he would promise them missionaries for dinner.
Congress hasn't declared war on the countries - the majority of them are our allies - but without asking for public permission, NSA is running network operations against them that affect millions of innocent people. And for what? So we can have secret access to a computer in a country we're not even fighting?
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