QuoteProject
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.
William J. Clinton
ShareWTF𝕏

Interpretation

What this quote means

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.

Themes

EconomicsDebtTrickle-DownPolicyGrowthSustainability

In practice

Example use cases

In a debate about economic equity, one might reference this quote to argue against trickle-down policies.

More from William J. Clinton

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.
William J. ClintonRead
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.
William J. ClintonRead
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.
William J. ClintonRead
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.
William J. ClintonRead
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.
William J. ClintonRead
I was not elected to produce a pile of vetoes.
William J. ClintonRead

Similar quotes

I started my political life in the Resistance. It was there that I had my first responsibility.
Francois MitterrandRead
I have declared war on the rich who prosper on our poverty, the politicians who lie to us with smiling faces, and all the mindless, heartless, robots who protect them and their property.
Assata ShakurRead
Government has a habit of blaming the private sector for its own failings while taking credit for advances we in fact owe to the private sector.
Thomas WoodsRead
Missing from much of the public debate is discussion of the simple fact that lurking behind every terroristic act is a specific political antecedent. That does not justify either the perpetrator or his political cause. Nonetheless, the fact is that almost all terrorist activity originates from some political conflict and is sustained by it as well.
Zbigniew BrzezinskiRead
Now more than ever the people are responsible for the character of their Congress. If that body be ignorant, reckless, and corrupt, it is because the people tolerate ignorance, recklessness, and corruption.
James A. GarfieldRead
Presidents have absolutely gone against the will of Congress. Congress hasn't declared a war since December 7, 1941, and yet we've been at war ever since with somebody or other in order to justify the war machine. Now we have alienated almost the entire earth
Gore VidalRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.