Obama Economic Quotes & Sayings
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Top Obama Economic Quotes

So, in Europe, they're cutting people's retirement and health benefits. And that's what we want to avoid from happening. They're raising taxes, entering a recession. That's the kind of economic program that President Obama has put in place. — Paul Ryan

Our economy continues to struggle with slow economic growth, high unemployment and stagnant wages. "Obama care's" raising costs. That's making it harder for small businesses to hire. In short, it's a train wreck. — John Boehner

Why, listening to Obama talk about his economic triumphs over the last three years might make you want to move to the country he was describing. Too bad that country exists primarily in his own head. — John Podhoretz

Obama's view of the tax code is inherently political: Whom can we hit next? Energy companies, jet owners, bankers? Instead, the question should be how to promote economic efficiency by raising revenue without trying to manipulate corporate or personal behavior. — John Sununu

There's only one thing different about Barack Obama when it comes to being a Democratic presidential candidate. He's half African-American. Whether that will make any difference, I don't know. I haven't heard him have a strong crackdown on economic exploitation in the ghettos. Payday loans, predatory lending, asbestos, lead. What's keeping him from doing that? Is it because he wants to talk white? He doesn't want to appear like Jesse Jackson? We'll see all that play out in the next few months and if he gets elected afterwards. — Ralph Nader

We all knew this. We all knew that it would take more time than any of us want to dig ourselves out of this hole created by this economic crisis. — Barack Obama

I wrote that President Bush is passing on to President-elect Obama two wars and an economic debacle. I call it a depression. And he is arming Israel against the Palestinians in every way in Gaza. — Helen Thomas

The pursuit of the vibrant seems to be the universal job description of the nation's city planners nowadays. It is also part of the Obama administration's economic recovery strategy for the nation. — Thomas Frank

Casey Anthony was found not guilty. This means that President Obama's economic team is only the second-most clueless group in America. — Jay Leno

Barack Obama likes to point to General Motors as the poster child for the job creation success of his economic policies. However, whatever your sentiments about the government's bailout of General Motors, for every job Barack Obama 'saved-or-created' in the U.S. there were two jobs off shore. — Bob Beauprez

Our relationship with the European Union, which has done so much to promote stability, stimulate economic growth, and foster the spread of democratic values and ideals across the continent and beyond. — Barack Obama

If you want to know what the biggest thing in your way to an improved standard of living, higher pay, a more rewarding career is: Barack Obama and the Democrat Party and their economic policies. They are the roadblock. — Rush Limbaugh

Though there are many differences between Barack Obama and Jimmy Carter, they are strikingly similar in their poor economic records and even more so in their shared pessimism and bearishness on America. — David Limbaugh

What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation. — Barack Obama

In a clean break from the Obama years, and frankly from the years before this president, we will keep federal spending at 20 percent of GDP, or less. That is enough. The choice is whether to put hard limits on economic growth, or hard limits on the size of government, and we choose to limit government. — Paul Ryan

Moreover, I believe that part of America's genius has always been its ability to absorb newcomers, to forge a national identity out of the disparate lot that arrived on our shores. In this we've been aided by a Constitution that
despite being marred by the original sin of slavery
has at its very core the ideas of equal citizenship under the laws; and an economic system that, more than any other, has offered opportunity to all comers, regardless of status or title or rank. — Barack Obama

Since taking office, I've made it clear that the United States was prepared to begin a new chapter of engagement with the Islamic Republic of Iran. We offered the Iranian government a clear choice. It could fulfill its international obligations and realize greater security, deeper economic and political integration with the world, and a better future for all Iranians. Or it could continue to flout its responsibilities and face even more pressure and isolation. — Barack Obama

President Obama has made a minimum wage increase a focal point of his economic agenda. — Thomas Perez

As a former member of President Obama's economic team, I have a soft spot for the fiscal stimulus legislation he signed just a month after his inauguration. — Christina Romer

The Grand Old Party's abiding affection for a 'bigger and better' presidency isn't entirely logical. After all, the Obama presidency commenced with an effort to reenact the Hundred Days. Yet President Obama's first-term economic performance itself was not 'big' but mediocre - tiny, even. — Amity Shlaes

It has made mincemeat of Barack Obama's pose of thoughtfulness. It has demonstrated that he lacks even a rudimentary understanding of the most basic economic realities. It has dramatized environmentalism's descent into infantilism. — George Will

Mr. Obama plans to boost federal spending 25 percent while nearly tripling the national debt over 10 years. Americans know that this kind of spending will have economic consequences, including new taxes being imposed by the new progressives. — Karl Rove

President Clinton will, I think, lift everyone's spirit. He was a good president, an economic, balanced budget president. And President Obama, I believe, has been a very good president, too, and we will get reelected. You watch. — Bill Richardson

The people of the United Kingdom have spoken, and we respect their decision. The special relationship between the United States and the United Kingdom is enduring, and the United Kingdom's membership in Nato remains a vital cornerstone of US foreign, security and economic policy. — Barack Obama

Fox News may be demolishing its more liberal cable news rivals in the ratings but to Democrats it's still the bogeyman. That's why President Obama took the opportunity to criticize the network during a speech defending his economic record at Northwestern University today. But in doing so, the president not only demonstrated the weakness of his position but also why he doesn'€t understand Fox'€s appeal. — Jonathan S. Tobin

A hiker who was lost in a blizzard said he stayed alive by digging a snow tunnel and burning dollar bills for warmth. Today he was offered a job as President Obama's economic adviser. — Jay Leno

This doesn't mean abandoning our values and ideals; wherever we can, it's in our interest to help foster democracy through the diplomatic and economic resources at our disposal. — Barack Obama

President Obama said he plans on training 10,000 new math and science teachers. How about teaching math to that economic team of his? — Jay Leno

The scary thing is a dramatic erosion of American position in the world - its economic, military position, as well as America's influence. Obama is not the man at the wheel desperately trying to conserve American power, influence and wealth. For ideological reasons, he wants the slipping to continue. He's actually the architect of it. — Dinesh D'Souza

The Obama administration's agenda of maximizing dependency involves political favoritism cloaked in the raiment of "economic planning" and "social justice" that somehow produce results superior to what markets produce when freedom allows merit to manifest itself, and incompetence to fail. The administration's central activity - the political allocation of wealth and opportunity - is not merely susceptible to corruption, it is corruption. — George Will

I want to win.We're not going on win by doing what Barack Obama and Hillary Clinton do each and every day. Dividing the country. Saying, creating a grievance kind of environment. We're going to win when we unite people with a hopeful, optimistic message. I have that message because I was a governor of a state that saw people lifted up, because we had high sustained economic growth. — Jeb Bush

Barack Obama has fatally undermined our currency, our solvency, our financial stability, and - ultimately - our economy all to spend money that has had no economic effect! — Dick Morris

President Obama is currently on a week-long trip to Africa, where he will promote freedom, democracy, and economic opportunity. I guess he figured it hasn't worked here - so try it somewhere else. — Jay Leno

There are change elections and there are 'more of the same' elections, and there was a lot of economic anxiety in the 1992 election and (Bill Clinton) was able to drive a change narrative. after eight years of Barack Obama, it's very difficult to understand what kind of change it is that Hillary Clinton's candidacy could represent. — Steve Schmidt

A new study says that working fewer hours can slow global warming. So you know what that means? President Obama's economic policy is also his climate change policy. — Jay Leno

Don't kid yourself. President Obama's decision to withdraw 33,000 troops from Afghanistan before he stands for reelection is not driven by the United States' 'position of strength' in the war zone as much as it is by grim economic and political realities at home. — Ron Fournier

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. — Barack Obama

Having won re-election convincingly and against the economic odds, President Obama quickly made good on his promise of maintaining taxes as they are for the middle class while raising them on the wealthiest Americans. — Kevin O'Leary

President Obama has called for economic and political empowerment of women globally. The Equal Futures Partnership promotes removal of policy, legal, and regulatory barriers that hold women back at local, state and national levels. — Lael Brainard

The conservative revolution that Reagan helped usher in gained traction because Reagan's central insight - that the liberal welfare state had grown complacent and overly bureaucratic, with Democratic policy makers more obsessed with slicing the economic pie than with growing the pie - contained a good deal of truth. — Barack Obama

Obamacare is the nation's biggest job killer and stands in the way of our country's economic growth and prosperity. It should be defunded and repealed. President Obama should hear the pleas from the untold number of Americans who are losing their jobs, wages, and healthcare plans, and Congress should act immediately to stop Obamacare from inflicting any more damage on the country on our hard-working citizens. — Ted Cruz

As America's head coach, President Obama needs to make some big and smart adjustments to jump-start economic growth and business investment, stimulate job creation, and get wages up for ordinary Americans. — Harold Ford Jr.

Higher education cannot be a luxury reserved just for a privileged few. It is an economic necessity for every family. And every family should be able to afford it. — Barack Obama

The old rules may say we can't protect our environment and promote economic growth at the same time, but in America, we've always used new technologies - we've used science; we've used research and development and discovery to make the old rules obsolete. — Barack Obama

In the name of compassion, Obama advocates seemingly endless extensions of unemployment benefits because his economic theology holds that by paying people not to work, you will create jobs. It not only fails to factor in the obvious deterrent that extended benefits have on their recipients but also falsely assumes that transferring money from one pocket to the next generates more spending - by some mythical multiple factor, no less. Back on planet Earth, studies reveal that extending unemployment benefits results in more unemployment. — David Limbaugh

The data is going to indicate sadly that when the Obama administration is over, black people will have lost ground in every single leading economic indicator category.. — Tavis Smiley

In the midst of economic recovery and global upheaval, disasters like this remind us of the common humanity that we share. — Barack Obama

Historians will likely give Obama credit for steering the country away from the brink of economic collapse in 2009. — Ron Fournier

We stand with women by fighting for economic security, protecting access to health care and supporting women's leadership across the country — Barack Obama

When it comes to our foreign policy, you seem to want to import the foreign policies of the 1980s, just like the social policies of the 1950s and the economic policies of the 1920s. — Barack Obama

President Obama has a good sense not just of the economic requisites for financial crisis firefighting but also how you build political support for moving forward on reforming the financial system, making sure that the banks are carrying enough capital. — Lael Brainard

The fierce battles between New Democrat centrists and old-style liberals that defined the Democratic Party in the 1990s are long gone, with the party unified behind Barack Obama's economic agenda of universal health care, expensive federal programs and more regulation of the financial markets. — Nina Easton

Hillary Clinton has aligned herself with Barack Obama on ISIS, Iran and the economy. It's an alliance doomed to fail. My proven record suggests that - my detailed plans will fortify our national and economic security. And my proven record as governor makes - will give you a sense that I don't make false promises. — Jeb Bush

Obama has paid and will continue to pay dearly for betting on his stimulus package. Because of it, the Bush recession is becoming the Obama recession much faster than it would have had he adopted a more gradual approach to solving economic problems. By jumping in immediately, as he did, in order to increase government spending and pass eight years of Democratic dreams in one day, he made the public expect a solution. — Dick Morris

Economist Peter Orszag witnessed the workings of vetocracy and its nefarious consequences. Writing in 2011, he reflected on what he had just witnessed as one of the top economic policymakers in the United States: "During my recent stint in the Obama administration as director of the Office of Management and Budget, it was clear to me that the country's political polarization was growing worse - harming Washington's ability to do the basic, necessary work of governing. . . . Radical as it sounds we need to counter the gridlock of our political institutions by making them a bit less democratic. I know that such ideas carry risk. And I have arrived at these proposals reluctantly: they come more from frustration than from inspiration. But we need to confront the fact that a polarized, gridlocked government is doing real harm to our country. And we have to find some way out of it. — Moises Naim

With his economic speeches in response to Obama's 'you didn't build that' fiasco, Romney proved that he does have fire in his belly and that he is fervently dedicated to free enterprise, entrepreneurship and pro-growth policies. — David Limbaugh

This kind of inequality - a level we haven't seen since the Great Depression - hurts us all. When middle-class families can no longer afford to buy the goods and services that businesses are selling, it drags down the entire economy, from top to bottom. America was built on the idea of broad-based prosperity - that's why a CEO like Henry Ford made it his mission to pay his workers enough so that they could buy the cars they made. It's also why a recent study showed that countries with less inequality tend to have stronger and steadier economic growth over the long run. — Barack Obama

It's not a nice-to-have - it's a must-have. It's time we stop treating child care as a side issue, or a women's issue, and treat it like the national economic priority that it is for all of us. — Barack Obama

Obama's explanation for the slowdown in economic growth is that the public sector is hurting, and that's where Washington must step in and act. — John Podhoretz

The White House is defending President Obama's sports activities over the past week, saying that everyone needs leisure time. Thanks to these economic policies, 9.5 percent of Americans have all the leisure time they need. — Jay Leno

With a chip on his shoulder larger than his margin of victory, Barack Obama is approaching his second term by replicating the mistake of his first. Then his overreaching involved health care - expanding the entitlement state at the expense of economic growth. Now he seeks another surge of statism, enlarging the portion of gross domestic product grasped by government and dispensed by politics. The occasion is the misnamed 'fiscal cliff,' the proper name for which is: the Democratic Party's agenda. — George Will

You would have to say his number one accomplishment has been to inspire a sense of confidence in the country. That confidence, that optimism, not only gives President Obama a political cushion, but it could have a real world economic impact. — George Stephanopoulos

If you think about it, candidate Obama, Sen. Obama, was running on sort of long-run economic issues, like restoring prosperity to the middle class, dealing with the perennial problem of health care in the United States. He talked a lot about the budget deficit, about the need to transition to clean energy. — Christina Romer

The economic message is a winner whether you're Greek, whether you're a woman, whether you're Hispanic it doesn't matter. The economic message is a winner and the fact that Obama didn't fulfill his promises is a killer for him. — Reince Priebus

For years, President Obama and his top officials vehemently denounced China for using its surveillance capabilities for economic advantage while insisting that the United States and its allies never do any such thing. The Washington Post quoted an NSA spokesperson saying that the Department of Defense, of which the agency is a part, " 'does engage' in computer network exploitation," but "does ***not*** engage in economic espionage in any domain, including 'cyber' " [emphatic asterisks in the original]. That the NSA spies for precisely the economic motive it has denied is proven by its own documents. The agency acts for the benefit of what it calls its "customers," a list that includes not only the White House, the State Department, and the CIA, but also primarily economic agencies, such as the US Trade Representative and the Departments of Agriculture, Treasury, and Commerce: — Glenn Greenwald

When it comes to preventing Iran from obtaining a nuclear weapon, I will take no options off the table ... That includes all elements of American power: a political effort aimed at isolating Iran, a diplomatic effort to sustain our coalition and ensure that the Iranian program is monitored, an economic effort that imposes crippling sanctions and, yes, a military effort to be prepared for any contingency. — Barack Obama

The physical and emotional health of an entire generation and the economic health and security of our nation is at stake. This isn't the kind of problem that can be solved overnight, but with everyone working together, it can be solved. So, let's move. — Michelle Obama

Through pro-growth policies, by abolishing Obamacare and eliminating other Obama-imposed impediments to economic growth, we will get our economy back on track. — Mitt Romney

In recent years, we've become enamored with our own past success. Lulled into complacency by the glitter of our own achievements. We've become accustomed to the title of Military Superpower, forgetting the qualities that got us there. We've become accustomed to our economic dominance in the world, forgetting that it wasn't reckless deals and get rich quick schemes that got us where we are, but hard work and smart ideas, quality products and wise investments. — Barack Obama

Pundits, opponents, and disillusioned supporters would blame Obama for squandering the promise of his administration. Certainly he and his administration made their share of mistakes. But it is hard to think of another president who had to face the kind of guerrilla warfare waged against him almost as soon as he took office. A small number of people with massive resources orchestrated, manipulated, and exploited the economic unrest for their own purposes. They used tax-deductible donations to fund a movement to slash taxes on the rich and cut regulations on their own businesses. While they paid focus groups and seasoned operatives to frame these self-serving policies as matters of dire public interest, they hid their roles behind laws meant to protect the anonymity of philanthropists, leaving more folksy figures like Santelli to carry the message. — Jane Mayer

Main Street versus Wall Street was the 2008 economic mantra of Democrat Barack Obama. — Nina Easton

Obama's economic policies obviously have not worked, and have left the American market place with enormous uncertainty and anxiety. — Bob Beauprez

We start this new year in the midst of an economic crisis unlike we have seen in our lifetime. — Barack Obama

If we can have record high unemployment, record job loss, and just an absolutely anemic economic recovery because of Obama's policies, and he's not blamed for it, what makes anybody think he's gonna get blamed when an insurance company starts doubling their premiums? — Rush Limbaugh

What you have to do is to look at what's going to keep our economic growth going, what's going to make sure jobs are being created. — Barack Obama

If you spend 72 hours in a place you've never been, talking to people whose language you don't speak about social, political, and economic complexities you don't understand, and you come back as the world's biggest know-it-all, you're a reporter. Either that or you're President Obama. — P. J. O'Rourke

For most Black people there is still poverty and desperation. The Ghettos still exist, and the proportion of Blacks in prison is still much greater than Whites. Today, there is less overt racism, but the economic injustices create an "institutional racism" which exists even while more Blacks are in high places, such as Condoleeza Rice in Bush's Administration and Obama running for President. — Howard Zinn

If we neglect or abandon those who are suffering in poverty ... not only are we depriving ourselves of potential opportunities for markets and economic growth, but ultimately that despair may turn to violence that turns on us. — Barack Obama

Barack Obama is not Harry Truman, who dropped the A-bomb on Japan to stop World War II. Barack Obama is not John F. Kennedy, who lowered marginal tax rates to get economic growth and job creation. Barack Obama and the far left, they are a completely different ball of wax. — Monica Crowley

Regarding national security, we need to restore the defense cuts of Barack Obama to rebuild our military, to destroy ISIS before it destroys us. Regarding economic security, we need to take power and money away from Washington D.C. and empower American families so that they can rise up again. — Jeb Bush

It is our generation's task, then, to reignite the true engine of America's economic growth - a rising, thriving middle class. — Barack Obama

For decades, we've been told that it doesn't make economic sense to switch to renewable energy. Today, that's no longer true. — Barack Obama

As a businessman, I know President Obama understands what it takes to spark economic growth, because I have seen him in action. — Austin Ligon

Ladies and gentlemen, the economic disaster, the tailspin, the destruction of the greatest economic engine in the history of the world, these policies of Barack Obama's, which have led us to this point, are precisely why I fearlessly said and still say, I hope he fails. — Rush Limbaugh

In his first year in office, President Obama pulled us back from the brink of the greatest economic crisis since the Great Depression and worked to lay a new foundation for economic growth. The president identified three key strategies to build that lasting prosperity: innovation, investment, and education. — Tom Vilsack

Sitting in the Oval Office, beneath a painting of George Washington, with a bust of Martin Luther King Jr. over his right shoulder and a bust of Abraham Lincoln over his left shoulder, Obama told 'National Journal' that the country's economic woes are deep and endemic. — Ron Fournier

There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of economic salvation; and when anyone points to what the consequences of these policies will be in the long run, they reply flippantly, as might the prodigal son of a warning father: "In the long run we are all dead." And such shallow wisecracks pass as devastating epigrams and the ripest wisdom. — Henry Hazlitt

We will continue to deepen our engagement using every element of American power - diplomacy, military, economic development, the power of our values and our ideals. — Barack Obama

Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our economic problems. The inescapable conclusion, however, is that the primary driver of the short-term deficit is not tax cuts but the lack of any meaningful economic growth over the last half decade. — Bob Beauprez

The rules in this new 'post-partisan' era are pretty simple: If the Democratic Party wants it, it's 'stimulus.' If the Republican Party opposes it, it's 'politics' - as in headlines like this: 'Obama Urges GOP To Keep Politics To A Minimum On Stimulus.' These are serious times: As the president says, it's the worst economic crisis since the Thirties. So politicians need to put politics behind them and immediately lavish $4.19 billion on his community-organizing pals at the highly inventive 'voter registration' group ACORN for 'neighborhood stabilization activities. — Mark Steyn

Naturally the smart thing to do to solve your economic woes is to demonize the Democrats. And of course, Sarah Palin is more than happy to oblige. She's been saying that Obama hangs out with terrorists. And you know, I think the evangelical lady who's in a video getting blessed by a witch doctor, who's married to a secessionist, and can't name a newspaper
she's right, Obama is scary. — Bill Maher

The truly bold thing for Obama to do would be to tell the panic-mongers and boondoggle-seekers to shove it, and to tell taxpayers to ride out the rest of the tough times while he gets Washington's own economic house in order. — Michelle Malkin

What you have is Mitt Romney running around the country saying 'Well, you know, my wife tells me that what women really care about are economic issues, and when I listen to my wife, that's what I'm hearing.' Guess what? His wife has actually never worked a day in her life. — Barack Obama

In his first term, President Barack Obama played a cautious manager navigating the worst economic disaster since the Great Depression and cleaning up the messes left by President George W. Bush in Iraq and Afghanistan. — Kevin O'Leary

The president is eager to get to work and looks forward to working with the new Congress on policies that will make sure middle-class Americans are sharing in the economic recovery, but the president is clear that he will not let this Congress undo important protections gained
particularly in areas of health care, Wall Street reform and the environment. — Barack Obama

I think ultimately Obama's ability to rebuild America's image in the world will depend less on his personal good will and more his ability to rebuild an American economic model that seems stable and humane and dynamic. — Peter Beinart

President Obama and Vladimir Putin are both in China attending the same economic summit. Obama saw Putin and said, 'After those midterms, it's nice to finally see a friendly face.' — Conan O'Brien

Republicans in Congress have two choices here: They can act responsibly and pay America's bills, or they can act irresponsibly and put America through another economic crisis. But they will not collect a ransom in exchange for not crashing the American economy — Barack Obama

An imposing wall prominently divides the visions of President Obama and congressional Republicans when it comes to economic growth and creating jobs. Solyndra is on one side and the Keystone pipeline is on the other. — Fred Upton

President Obama admitted this week that a former girlfriend that he wrote about in his autobiography was made up and not a real person ... So Obama had an imaginary girlfriend. Big deal! He had an imaginary economic plan. It's all the same. — Jay Leno