--- title: "Meaning & Key Takeaway of: Barack Obama has fatally undermined our…" description: "\"Barack Obama has fatally undermined our currency, our solvency, our financial stability, and - ultimately - our economy all to spend money that has had..." image: "https://sms4smile.com/quotes/i/972/dick-morris-4948_barack_barack-obama-has-fatally-undermined-our_1759492.png" --- # Barack Obama has fatally undermined our currency, our… ![“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!” quote by Dick Morris](https://sms4smile.com/quotes/i/972/dick-morris-4948_barack_barack-obama-has-fatally-undermined-our_1759492.png) [Download](https://sms4smile.com/quotes/i/972/dick-morris-4948_barack_barack-obama-has-fatally-undermined-our_1759492.png) [Open image](https://sms4smile.com/quotes/i/972/dick-morris-4948_barack_barack-obama-has-fatally-undermined-our_1759492.png) > “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](https://sms4smile.com/quotes/author/dick-morris/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Criticizes fiscal policy as destroying economic stability by spending without real impact. **In simple terms:** Spending without effect harms economy. Key Takeaway Demand fiscal responsibility. Themes economics politics policy Mood critical skeptical Type political analytical When to use this quote - government budgeting - tax reform - public debt Key Concepts macroeconomics public finance inflation Questions to Reflect On - What evidence supports this claim? - Are there alternative solutions? A Different Perspective May overlook benefits of stimulus. ★ ★ ★ ★ ★ No ratings yet [Currency](https://sms4smile.com/quotes/about/currency/) [Economy](https://sms4smile.com/quotes/about/economy/) [Financial stability](https://sms4smile.com/quotes/about/financial-stability/) [Money](https://sms4smile.com/quotes/about/money/) [Stability](https://sms4smile.com/quotes/about/stability/) ## Related quotes > [Economy is how to spend money without enjoying it.](https://sms4smile.com/quotes/anonymous/economy-is-how-to-spend-money-without-enjoying-it/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Ideally a woman should not have a career unless it is necessary for the financial stability of the marriage](https://sms4smile.com/quotes/melissa-sadoff/ideally-a-woman-should-not-have-a-career-unless-it-is-necessary-for/) Melissa Sadoff > [A fighter's dream is to win a world title and gain financial stability. 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And so there was a class of black poor and…](https://sms4smile.com/quotes/ta-nehisi-coates/the-rising-tide-theory-rested-on-a-notion-of-separate-but-equal-class/) [Ta-Nehisi Coates](https://sms4smile.com/quotes/author/ta-nehisi-coates/) > [We agreed that our economic and financial teams will remain in close contact as we stay focused on ensuring economic growth and financial stability.](https://sms4smile.com/quotes/barack-obama/we-agreed-that-our-economic-and-financial-teams-will-remain-in-close/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I joined the WGA when I got a writing job at 'Saturday Night Live.' 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I moved into a space where I'm a writer/director, my movie is a hit…](https://sms4smile.com/quotes/justin-simien/i-thought-i-was-depressed-because-i-wasn-t-a-writer-director-i-moved/) [Justin Simien](https://sms4smile.com/quotes/author/justin-simien/) > [Working families are central to our state's success, and we need to do more to support their long-term financial stability.](https://sms4smile.com/quotes/ned-lamont/working-families-are-central-to-our-state-s-success-and-we-need-to-do/) [Ned Lamont](https://sms4smile.com/quotes/author/ned-lamont/) ## More by Dick Morris > [Obama's perverse view of fairness threatens to create reverse incentives, militating against growth, jobs, expansion and upward mobility.](https://sms4smile.com/quotes/dick-morris/obama-s-perverse-view-of-fairness-threatens-to-create-reverse/) [Dick Morris](https://sms4smile.com/quotes/author/dick-morris/) > [Often GOP political strategy seems like the human wave theory of the Chinese military translated to politics. 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We will…](https://sms4smile.com/quotes/dick-morris/obama-does-not-believe-in-individual-upward-mobility-he-would/) [Dick Morris](https://sms4smile.com/quotes/author/dick-morris/) > [In Canada the cancer death rate is 16% higher than in the U.S. because of rationing of medical care. It takes an eight week…](https://sms4smile.com/quotes/dick-morris/in-canada-the-cancer-death-rate-is-16-higher-than-in-the-u-s-because/) [Dick Morris](https://sms4smile.com/quotes/author/dick-morris/) > [Franklin Roosevelt didn't poll, because he had great political instincts. Now we have polls; we don't need instincts. 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But when the words 'gay marriage' are presented, they break 3-to-1 against it.](https://sms4smile.com/quotes/dick-morris/public-opinion-polls-show-that-americans-split-about-evenly-on-civil/) [Dick Morris](https://sms4smile.com/quotes/author/dick-morris/) [Explore all 104 Dick Morris quotes ](https://sms4smile.com/quotes/author/dick-morris/) ## More Barack quotes > [ I can't imagine that I would be asked that by the president-elect \[Donald Trump\], or then-president \[Barack Obama\]. But it's - I'm very clear.… ](https://sms4smile.com/quotes/james-mattis/i-can-t-imagine-that-i-would-be-asked-that-by-the-president-elect/) [James Mattis](https://sms4smile.com/quotes/author/james-mattis/) > [We know the candidate Barack Obama, what he was like - the anti-war government nig... 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They're in Raqqa, Syria.…](https://sms4smile.com/quotes/rand-paul/i-can-tell-you-who-s-planning-terroris-attacks-the-leaders-of-isil/) [Rand Paul](https://sms4smile.com/quotes/author/rand-paul/) > [ The president \[Barack Obama\] asked for a commitment of, I think, 100,000 jobs for veterans and military spouses over the next couple of years.… ](https://sms4smile.com/quotes/michelle-obama/the-president-barack-obama-asked-for-a-commitment-of-i-think-100-000/) [Michelle Obama](https://sms4smile.com/quotes/author/michelle-obama/) > [The big story today, Barack Obama was accused of insulting Sarah Palin when he criticized Republican policies by saying, you can put lipstick on…](https://sms4smile.com/quotes/conan-o-brien/the-big-story-today-barack-obama-was-accused-of-insulting-sarah-palin/) [Conan O'Brien](https://sms4smile.com/quotes/author/conan-o-brien/) > [ I think the president's \[Barack Obama\] position has been very clear on Syria. He wants more aggressive, he's put the Special Ops on the… ](https://sms4smile.com/quotes/juan-williams/i-think-the-president-s-barack-obama-position-has-been-very-clear-on/) [Juan Williams](https://sms4smile.com/quotes/author/juan-williams/) > [ It cannot be an American fight. And I think what the president \[Barack Obama\] has consistently said - which I agree with - is… ](https://sms4smile.com/quotes/hillary-clinton/it-cannot-be-an-american-fight-and-i-think-what-the-president-barack/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [It doesn't matter to me where Barack Obama goes. If he wants to go to Hawaii because it's his home state, fine! Hunky-dory. Plastic…](https://sms4smile.com/quotes/rush-limbaugh/it-doesn-t-matter-to-me-where-barack-obama-goes-if-he-wants-to-go-to/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [ It wasn't \[Barack\] Obama per se; it was the feeling on the ground; it was seeing an old black woman in a wheelchair being… ](https://sms4smile.com/quotes/bill-ayers/it-wasn-t-barack-obama-per-se-it-was-the-feeling-on-the-ground-it-was/) [Bill Ayers](https://sms4smile.com/quotes/author/bill-ayers/) > [I don't think that we really know a whole lot about Barack Obama at all that you would really call distinctive.](https://sms4smile.com/quotes/john-h-mcwhorter/i-don-t-think-that-we-really-know-a-whole-lot-about-barack-obama-at/) [John H. McWhorter](https://sms4smile.com/quotes/author/john-h-mcwhorter/) > [Just like Barack Obama, my views on gay marriage have evolved, and now I am a reluctant groom.](https://sms4smile.com/quotes/edmund-white/just-like-barack-obama-my-views-on-gay-marriage-have-evolved-and-now/) [Edmund White](https://sms4smile.com/quotes/author/edmund-white/) > [I think President Barack Obama has been an extraordinarily successful president, and that this period will record that with a bunch of exclamation points.…](https://sms4smile.com/quotes/cass-sunstein/i-think-president-barack-obama-has-been-an-extraordinarily-successful/) [Cass Sunstein](https://sms4smile.com/quotes/author/cass-sunstein/) > [The archives recall not one single incriminating incident, not one drunken escapade, not one reported affair, not one spat with a team-mate or reporter…](https://sms4smile.com/quotes/michael-atherton/the-archives-recall-not-one-single-incriminating-incident-not-one/) Michael Atherton > [In public, Barack Obama's giving the simple version of his beliefs for the mass public. In private, he can discuss it at a really…](https://sms4smile.com/quotes/jonathan-chait/in-public-barack-obama-s-giving-the-simple-version-of-his-beliefs-for/) [Jonathan Chait](https://sms4smile.com/quotes/author/jonathan-chait/) Browse all 1,672 Barack quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "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!", "creator": { "@type": "Person", "name": "Dick Morris" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/dick-morris/barack-obama-has-fatally-undermined-our-currency-our-solvency-our/", "about": { "@type": "Thing", "name": "Barack" }, "@id": "https://sms4smile.com/quotes/dick-morris/barack-obama-has-fatally-undermined-our-currency-our-solvency-our/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/972/dick-morris-4948_barack_barack-obama-has-fatally-undermined-our_1759492.png", "contentUrl": "https://sms4smile.com/quotes/i/972/dick-morris-4948_barack_barack-obama-has-fatally-undermined-our_1759492.png", "url": "https://sms4smile.com/quotes/i/972/dick-morris-4948_barack_barack-obama-has-fatally-undermined-our_1759492.png", "width": 1080, "height": 1080, "caption": "“Barack Obama has fatally undermined our currency, our solvency, our financial stability, and - ultimately…” — Dick Morris", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Dick Morris", "item": "https://sms4smile.com/quotes/author/dick-morris/" }, { "@type": "ListItem", "position": 4, "name": "Barack Obama has fatally undermined our...", "item": "https://sms4smile.com/quotes/dick-morris/barack-obama-has-fatally-undermined-our-currency-our-solvency-our/" } ], "@id": "https://sms4smile.com/quotes/dick-morris/barack-obama-has-fatally-undermined-our-currency-our-solvency-our/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```