--- title: "Meaning & Key Takeaway of: When it comes to the budget, we know that…" description: "\"When it comes to the budget, we know that we shouldn't be cutting more on core investments, like education, that are going to help us grow in the futur..." image: "https://sms4smile.com/quotes/i/551/barack-obama-17_basic-research_when-it-comes-to-the-budget-we-know-that_106742.jpg" --- # When it comes to the budget, we know that we shouldn't be… ![“When it comes to the budget, we know that we shouldn't be cutting more on core investments, like education, that are going to help us grow in the future. And we've already seen the deficit cut in half. It's going down faster than any time in the last 60 years. So why would we make more cuts in…” quote by Barack Obama](https://sms4smile.com/quotes/i/551/barack-obama-17_basic-research_when-it-comes-to-the-budget-we-know-that_106742.jpg) [Download](https://sms4smile.com/quotes/i/551/barack-obama-17_basic-research_when-it-comes-to-the-budget-we-know-that_106742.jpg) [Open image](https://sms4smile.com/quotes/i/551/barack-obama-17_basic-research_when-it-comes-to-the-budget-we-know-that_106742.jpg) > “When it comes to the budget, we know that we shouldn't be cutting more on core investments, like education, that are going to help us grow in the future. And we've already seen the deficit cut in half. It's going down faster than any time in the last 60 years. So why would we make more cuts in education, more cuts in basic research? Nobody thinks that's a good idea.” [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Argues that cutting core investments like education and basic research undermines long‑term growth, despite short‑term deficit reductions. **In simple terms:** Don't slash education; it's essential for future growth. Key Takeaway Investing in fundamentals fuels sustainable progress. Themes economics education research budget policy Mood urgent optimistic Type political policy When to use this quote - government budgeting - corporate R&D planning Key Concepts human capital development Practical Applications - protect core funding during austerity - communicate long‑term ROI of education Questions to Reflect On - What metrics best show education's economic impact? - How can policymakers balance immediate deficits with future needs? A Different Perspective Short‑term fiscal pressures may force compromises; the quote assumes all cuts are equally harmful. ★ ★ ★ ★ ★ No ratings yet [Basic research](https://sms4smile.com/quotes/about/basic-research/) [Budgets](https://sms4smile.com/quotes/about/budgets/) [Core](https://sms4smile.com/quotes/about/core/) [Cuts Education](https://sms4smile.com/quotes/about/cuts-education-1279026/) [Cutting](https://sms4smile.com/quotes/about/cutting/) [Deficit](https://sms4smile.com/quotes/about/deficit/) [Deficit Cut](https://sms4smile.com/quotes/about/deficit-cut-1279027/) [Education](https://sms4smile.com/quotes/about/education/) [Education Cuts](https://sms4smile.com/quotes/about/education-cuts-1279025/) [Faster](https://sms4smile.com/quotes/about/faster/) [Good ideas](https://sms4smile.com/quotes/about/good-ideas/) [Grows](https://sms4smile.com/quotes/about/grows/) [Half](https://sms4smile.com/quotes/about/half/) [Helping](https://sms4smile.com/quotes/about/helping/) [Ideas](https://sms4smile.com/quotes/about/ideas/) [Ideology](https://sms4smile.com/quotes/about/ideology/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Knows](https://sms4smile.com/quotes/about/knows/) [Lasts](https://sms4smile.com/quotes/about/lasts/) [Money](https://sms4smile.com/quotes/about/money/) [Party](https://sms4smile.com/quotes/about/party/) [Policy](https://sms4smile.com/quotes/about/policy/) [Political](https://sms4smile.com/quotes/about/political/) [Political parties](https://sms4smile.com/quotes/about/political-parties/) [Politics](https://sms4smile.com/quotes/about/politics/) [Research](https://sms4smile.com/quotes/about/research/) [Shouldn Cutting](https://sms4smile.com/quotes/about/shouldn-cutting-1279028/) [Strategy](https://sms4smile.com/quotes/about/strategy/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [Time](https://sms4smile.com/quotes/about/time/) [Years](https://sms4smile.com/quotes/about/years/) ## Related quotes > [Democrats in Washington predicted that tax cuts would not create jobs, would not increase wages, and would cause the federal deficit to explode. Well,…](https://sms4smile.com/quotes/george-w-bush/democrats-in-washington-predicted-that-tax-cuts-would-not-create-jobs/) [George W. Bush](https://sms4smile.com/quotes/author/george-w-bush/) > [No cuts to health , no cuts to education, no cuts to pensions](https://sms4smile.com/quotes/tony-abbott/no-cuts-to-health-no-cuts-to-education-no-cuts-to-pensions/) [Tony Abbott](https://sms4smile.com/quotes/author/tony-abbott/) > [The education cuts in the President's budget are both irresponsible and morally unjustifiable.](https://sms4smile.com/quotes/chaka-fattah/the-education-cuts-in-the-president-s-budget-are-both-irresponsible/) [Chaka Fattah](https://sms4smile.com/quotes/author/chaka-fattah/) > [“Predictably, the national broadcaster—a viper’s nest of socialists, tree-huggers and ugly, barren females—had seized on the survey, exhuming one of its bleeding-heart ideologues to…](https://sms4smile.com/quotes/michelle-de-kretser/predictably-the-national-broadcaster-a-viper-s-nest-of-socialists/) [Michelle de Kretser](https://sms4smile.com/quotes/author/michelle-de-kretser/) > [When I see the sort of mindless tax cuts for the wealthy, cuts to education, I just think we've got it exactly backward in…](https://sms4smile.com/quotes/bill-foster/when-i-see-the-sort-of-mindless-tax-cuts-for-the-wealthy-cuts-to/) [Bill Foster](https://sms4smile.com/quotes/author/bill-foster/) > [And, cuts in education, scientific research and the rest are harmful, and they are what are affected by the sequestration.](https://sms4smile.com/quotes/nancy-pelosi/and-cuts-in-education-scientific-research-and-the-rest-are-harmful/) [Nancy Pelosi](https://sms4smile.com/quotes/author/nancy-pelosi/) > [It was basic research in the photoelectric field-in the photoelectric effect that would one day lead to solar panels. It was basic research in…](https://sms4smile.com/quotes/barack-obama/it-was-basic-research-in-the-photoelectric-field-in-the-photoelectric/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [When I walked into the Oval Office, I had more than a trillion-dollar deficit greeting me. And we know where it came from: two…](https://sms4smile.com/quotes/barack-obama/when-i-walked-into-the-oval-office-i-had-more-than-a-trillion-dollar/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [As soon as the recovery is well under way, we need to set up a long-term plan to reduce the structural deficit and make…](https://sms4smile.com/quotes/barack-obama/as-soon-as-the-recovery-is-well-under-way-we-need-to-set-up-a-long/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ He \[Barack Obama\] talked about deficit reduction. This got me he was talking about how the deficit's being reduced faster in the last 60… ](https://sms4smile.com/quotes/barack-obama/he-barack-obama-talked-about-deficit-reduction-this-got-me-he-was/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [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…](https://sms4smile.com/quotes/barack-obama/what-we-also-have-to-recognize-is-that-the-deficit-levels-that-i-m/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [That's why independent studies looking at this said the only way to meet Governor Romney's pledge of not reducing the deficit or...or...or not adding…](https://sms4smile.com/quotes/barack-obama/that-s-why-independent-studies-looking-at-this-said-the-only-way-to/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Independent economists say immigration reform will grow our economy and shrink our deficits by almost $1 trillion in the next two decades. And for…](https://sms4smile.com/quotes/barack-obama/independent-economists-say-immigration-reform-will-grow-our-economy/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Cutting the deficit by gutting our investments in innovation and education is like lightening an overloaded airplane by removing its engine. It may make…](https://sms4smile.com/quotes/barack-obama/cutting-the-deficit-by-gutting-our-investments-in-innovation-and/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I want to reduce America's deficit by cutting spending that we don't need but also by asking the wealthy to do a little bit…](https://sms4smile.com/quotes/barack-obama/i-want-to-reduce-america-s-deficit-by-cutting-spending-that-we-don-t/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) ## More by Barack Obama > [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The peaceful transition of power is one of the hallmarks of our democracy.](https://sms4smile.com/quotes/barack-obama/the-peaceful-transition-of-power-is-one-of-the-hallmarks-of-our/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [As opposed to getting into arguments about, well, these folks have been treated fairly so now we're going to be doing things that, very…](https://sms4smile.com/quotes/barack-obama/as-opposed-to-getting-into-arguments-about-well-these-folks-have-been/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Donald Trump is temperamentally unfit.](https://sms4smile.com/quotes/barack-obama/donald-trump-is-temperamentally-unfit/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [What we've said to the girls is: 'If you guys ever decide that you're going to get a tattoo, then mommy and me will…](https://sms4smile.com/quotes/barack-obama/what-we-ve-said-to-the-girls-is-if-you-guys-ever-decide-that-you-re/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Nobody is listening to your telephone calls.](https://sms4smile.com/quotes/barack-obama/nobody-is-listening-to-your-telephone-calls/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [All of us take offense to anyone who reaps the rewards of living in America without taking on the responsibilities of living in America.…](https://sms4smile.com/quotes/barack-obama/all-of-us-take-offense-to-anyone-who-reaps-the-rewards-of-living-in/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The world is complicated and full of grays, but there's still truth there to be found.](https://sms4smile.com/quotes/barack-obama/the-world-is-complicated-and-full-of-grays-but-there-s-still-truth/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ That is another theme in the book \[Dreams from My Father\]. How do we exercise more empathy in our public discourse? How do we… ](https://sms4smile.com/quotes/barack-obama/that-is-another-theme-in-the-book-dreams-from-my-father-how-do-we/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I can say across Europe that many principles that have been taken for granted here around free speech, and around civil liberties and an…](https://sms4smile.com/quotes/barack-obama/i-can-say-across-europe-that-many-principles-that-have-been-taken-for/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [So Americans understand the costs of war. Yet as a country, we will never tolerate our security being threatened, nor stand idly by when…](https://sms4smile.com/quotes/barack-obama/so-americans-understand-the-costs-of-war-yet-as-a-country-we-will/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I want to thank the Greek people publicly for their humanitarian response to the crisis of so many migrants and refugees seeking safety in…](https://sms4smile.com/quotes/barack-obama/i-want-to-thank-the-greek-people-publicly-for-their-humanitarian/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [We had a farewell dinner for some of my senior staff, and generally everybody likes to talk about how cool I was.](https://sms4smile.com/quotes/barack-obama/we-had-a-farewell-dinner-for-some-of-my-senior-staff-and-generally/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ It's good to get fresh legs in \[the White house\]. I think that it refreshes our democracy. ](https://sms4smile.com/quotes/barack-obama/it-s-good-to-get-fresh-legs-in-the-white-house-i-think-that-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Believe it or not, entertainment is part of our American diplomacy, it is part of what makes us exceptional, part of what makes us…](https://sms4smile.com/quotes/barack-obama/believe-it-or-not-entertainment-is-part-of-our-american-diplomacy-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) [Explore all 3,624 Barack Obama quotes ](https://sms4smile.com/quotes/author/barack-obama/) ## More Basic research quotes > [It was basic research in the photoelectric field-in the photoelectric effect that would one day lead to solar panels. It was basic research in…](https://sms4smile.com/quotes/barack-obama/it-was-basic-research-in-the-photoelectric-field-in-the-photoelectric/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Government support is not only investing in upstream areas like basic research, but also in downstream areas like applied research and early-stage financing for…](https://sms4smile.com/quotes/mariana-mazzucato/government-support-is-not-only-investing-in-upstream-areas-like-basic/) [Mariana Mazzucato](https://sms4smile.com/quotes/author/mariana-mazzucato/) > [Why do we do basic research? To learn about ourselves.](https://sms4smile.com/quotes/walter-gilbert/why-do-we-do-basic-research-to-learn-about-ourselves/) [Walter Gilbert](https://sms4smile.com/quotes/author/walter-gilbert/) > [It's basic research: shoot an arrow in the air. Where it lands, paint a bullseye.](https://sms4smile.com/quotes/elizabeth-streb/it-s-basic-research-shoot-an-arrow-in-the-air-where-it-lands-paint-a/) [Elizabeth Streb](https://sms4smile.com/quotes/author/elizabeth-streb/) > [Basic research is very useful, but it should be more geared toward application than it was before.](https://sms4smile.com/quotes/luc-montagnier/basic-research-is-very-useful-but-it-should-be-more-geared-toward/) [Luc Montagnier](https://sms4smile.com/quotes/author/luc-montagnier/) > [The companies that can afford to do basic research (and can't afford not to) are ones that dominate their markets. ... It's cheap insurance,…](https://sms4smile.com/quotes/robert-x-cringely/the-companies-that-can-afford-to-do-basic-research-and-can-t-afford/) [Robert X. Cringely](https://sms4smile.com/quotes/author/robert-x-cringely/) > [I like to get paid for doing basic research, so it's pleasant to write some nonfiction about it.](https://sms4smile.com/quotes/bruce-sterling/i-like-to-get-paid-for-doing-basic-research-so-it-s-pleasant-to-write/) [Bruce Sterling](https://sms4smile.com/quotes/author/bruce-sterling/) > [This is an appropriate role for the federal government - to invest in basic research.](https://sms4smile.com/quotes/todd-young/this-is-an-appropriate-role-for-the-federal-government-to-invest-in/) [Todd Young](https://sms4smile.com/quotes/author/todd-young/) > [Basic research is like shooting an arrow in the air and, where it lands, painting a target.](https://sms4smile.com/quotes/homer-burton-adkins/basic-research-is-like-shooting-an-arrow-in-the-air-and-where-it/) [Homer Burton Adkins](https://sms4smile.com/quotes/author/homer-burton-adkins/) > [If you don't invest in basic research at some stage you start losing the basis of applied research.](https://sms4smile.com/quotes/rolf-dieter-heuer/if-you-don-t-invest-in-basic-research-at-some-stage-you-start-losing/) [Rolf-Dieter Heuer](https://sms4smile.com/quotes/author/rolf-dieter-heuer/) > [Basic research is not the same as development. A crash programme for the latter may be successful; but for the former it is like…](https://sms4smile.com/quotes/richard-doll/basic-research-is-not-the-same-as-development-a-crash-programme-for/) [Richard Doll](https://sms4smile.com/quotes/author/richard-doll/) > [In basic research, intellectual rigor and sentimental freedom necessarily alternate.](https://sms4smile.com/quotes/victor-vasarely/in-basic-research-intellectual-rigor-and-sentimental-freedom/) [Victor Vasarely](https://sms4smile.com/quotes/author/victor-vasarely/) > [Exploration, of course, is going to new places, but I don't think we go to new places just solely to say: "Well, we've been…](https://sms4smile.com/quotes/john-glenn/exploration-of-course-is-going-to-new-places-but-i-don-t-think-we-go/) [John Glenn](https://sms4smile.com/quotes/author/john-glenn/) > [It is when physicians are bogged down by their incomplete technologies, by the innumerable things they are obliged to do in medicine when they…](https://sms4smile.com/quotes/lewis-thomas/it-is-when-physicians-are-bogged-down-by-their-incomplete/) [Lewis Thomas](https://sms4smile.com/quotes/author/lewis-thomas/) > [A lot of the basic research that helped us figure out fracking came from the federal government.](https://sms4smile.com/quotes/lisa-murkowski/a-lot-of-the-basic-research-that-helped-us-figure-out-fracking-came/) [Lisa Murkowski](https://sms4smile.com/quotes/author/lisa-murkowski/) [Browse all 35 Basic research quotes ](https://sms4smile.com/quotes/about/basic-research/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "When it comes to the budget, we know that we shouldn't be cutting more on core investments, like education, that are going to help us grow in the future. 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