Barack Obama Quotes About Economics
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Of course, there's been a real debate about where to invest and where to cut, and I'm committed to working with members of both parties to cut our deficits and debt. But we can't simply cut our way to prosperity.
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Rather than double-down on the top-down economics that let a fortunate few play by their own rules, let’s embrace an economic patriotism that says we rise or fall together, as one nation, and as one people.
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I don't expect to get 100 percent of what I want, but what we can't do is go back to the kind of top-down economics that doesn't work.
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What we shouldn't be doing is trying to take away your rights to bargain for better wages or working conditions... These so-called "right to work" laws, they don't have to do with economics; they have everything to do with politics. What they're really talking about is giving you the right to work for less money.
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So we don't need more top-down economics. We've tried that theory. We've seen what happens. We can't afford to go back to it.
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I put forward a budget of what I called "middle-class economics" that continues to be fiscally prudent but makes necessary investments for us to continue the economic momentum and job growth.
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We can't afford more top-down economics. What we need are policies that will grow and strengthen the middle class.
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