I don't know how long it will take. We can and we will get…
“I don't know how long it will take. We can and we will get it under 6 percent. Let's look at, let's take a look at the facts. Let's look at where we were when we came to office. The economy was in free fall. We had, the great recession hit; 9 million people lost their job; $1.7...$1.6 trillion in wealth lost in equity in your homes, in retirement accounts for the middle class.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
He acknowledges uncertainty but asserts confidence in reducing the deficit to under 6 percent by reviewing past economic conditions.
In simple terms: He promises to cut the deficit to under 6 percent after examining the recession’s impact.
Focus on data-driven fiscal plans.
Themes
Mood
Type
When to use this quote
- budget planning
- legislative negotiations
- public communication
Key Concepts
Questions to Reflect On
- What specific policies will achieve the reduction?
- How will external shocks affect the goal?
Achieving the target may face political opposition and economic volatility.