--- title: "Meaning & Key Takeaway of: Obama has paid and will continue to pay…" description: "\"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 m..." image: "https://sms4smile.com/quotes/i/cc4/dick-morris-4948_adopted_obama-has-paid-and-will-continue-to-pay_1928491.png" --- # Obama has paid and will continue to pay dearly for betting… ![“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…” quote by Dick Morris](https://sms4smile.com/quotes/i/cc4/dick-morris-4948_adopted_obama-has-paid-and-will-continue-to-pay_1928491.png) [Download](https://sms4smile.com/quotes/i/cc4/dick-morris-4948_adopted_obama-has-paid-and-will-continue-to-pay_1928491.png) [Open image](https://sms4smile.com/quotes/i/cc4/dick-morris-4948_adopted_obama-has-paid-and-will-continue-to-pay_1928491.png) > “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](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. Rapid, large‑scale stimulus can create expectations that outpace economic reality, leading to a deeper recession than a gradual approach might have avoided. **In simple terms:** Big stimulus can worsen downturns. Key Takeaway Consider pacing fiscal interventions. Themes economics policy recession Mood critical analytical Type cautious reflective When to use this quote - government budgeting - business planning - personal finance - legislative debate Key Concepts fiscal stimulus monetary policy public expectation Questions to Reflect On - What are the risks of immediate large‑scale spending? - How can policymakers temper public expectations? A Different Perspective Quick fixes may ignore structural issues and delay recovery. ★ ★ ★ ★ ★ No ratings yet [Approach](https://sms4smile.com/quotes/about/approach/) [Betting](https://sms4smile.com/quotes/about/betting/) [Dream](https://sms4smile.com/quotes/about/dream/) [Economic problems](https://sms4smile.com/quotes/about/economic-problems/) [Government](https://sms4smile.com/quotes/about/government/) [Government spending](https://sms4smile.com/quotes/about/government-spending/) [Order](https://sms4smile.com/quotes/about/order/) [Problem](https://sms4smile.com/quotes/about/problem/) [Recessions](https://sms4smile.com/quotes/about/recessions/) ## Related quotes > [We have not recovered all that we lost in the Bush recession. 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Those flying fish, they're not leaping for joy, they're jumping in terror. Bigger fish want to eat…](https://sms4smile.com/quotes/curt-siodmak/everything-seems-beautiful-because-you-don-t-understand-those-flying/) [Curt Siodmak](https://sms4smile.com/quotes/author/curt-siodmak/) > [Whenever you see a toad jumping in broad daylight, then know that something is after its life.](https://sms4smile.com/quotes/chinua-achebe/whenever-you-see-a-toad-jumping-in-broad-daylight-then-know-that/) [Chinua Achebe](https://sms4smile.com/quotes/author/chinua-achebe/) > [You throw a person in the river and then make a spectacle of jumping in to save them.](https://sms4smile.com/quotes/ann-patchett/you-throw-a-person-in-the-river-and-then-make-a-spectacle-of-jumping/) [Ann Patchett](https://sms4smile.com/quotes/author/ann-patchett/) > [After I went to bed I had a curious fancy as to dreams. 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I feel like I'm jumping in a well that has no bottom, and at some point I…](https://sms4smile.com/quotes/lawrence-schiller/i-don-t-feel-lonely-no-no-no-i-feel-like-i-m-jumping-in-a-well-that/) [Lawrence Schiller](https://sms4smile.com/quotes/author/lawrence-schiller/) > [There's something about a parenthesis in fiction that puts one off, saying, "It's me, moi, jumping in now."](https://sms4smile.com/quotes/john-l-heureux/there-s-something-about-a-parenthesis-in-fiction-that-puts-one-off/) [John L'Heureux](https://sms4smile.com/quotes/author/john-l-heureux/) > [Cancer has pizzazz, box office and glamour, and in actual dollars and prestige, even heart and mental can't hold a candle to it. It's…](https://sms4smile.com/quotes/edgar-berman/cancer-has-pizzazz-box-office-and-glamour-and-in-actual-dollars-and/) Edgar Berman > [I learned something from a string of failed relationships. You don't see a pattern quickly. You see it over time. I learned to stop…](https://sms4smile.com/quotes/james-mcavoy/i-learned-something-from-a-string-of-failed-relationships-you-don-t/) [James McAvoy](https://sms4smile.com/quotes/author/james-mcavoy/) > [We measure areas of performance that are often ignored: jumping in pursuit of every rebound even if you don't get it, swatting at every…](https://sms4smile.com/quotes/pat-riley/we-measure-areas-of-performance-that-are-often-ignored-jumping-in/) [Pat Riley](https://sms4smile.com/quotes/author/pat-riley/) ## 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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But is that a change in…](https://sms4smile.com/quotes/dick-morris/franklin-roosevelt-didn-t-poll-because-he-had-great-political/) [Dick Morris](https://sms4smile.com/quotes/author/dick-morris/) > [Anybody else who's gotten the president of the United States elected, tell me you are better than I am at it.](https://sms4smile.com/quotes/dick-morris/anybody-else-who-s-gotten-the-president-of-the-united-states-elected/) [Dick Morris](https://sms4smile.com/quotes/author/dick-morris/) > [The Hispanic population grew by 4.7 percent last year, while blacks expanded by 1.5 percent and whites by a paltry 0.3 percent. Hispanics cast…](https://sms4smile.com/quotes/dick-morris/the-hispanic-population-grew-by-4-7-percent-last-year-while-blacks/) [Dick Morris](https://sms4smile.com/quotes/author/dick-morris/) > [Those crazies in Montana who say, 'We're going to kill ATF agents because the UN's going to take over' - well, they're beginning to…](https://sms4smile.com/quotes/dick-morris/those-crazies-in-montana-who-say-we-re-going-to-kill-atf-agents/) [Dick Morris](https://sms4smile.com/quotes/author/dick-morris/) > [You cannot cover the 50 million new people Obama seeks to cover without more doctors and nurses. But the administration and even the Blue…](https://sms4smile.com/quotes/dick-morris/you-cannot-cover-the-50-million-new-people-obama-seeks-to-cover/) [Dick Morris](https://sms4smile.com/quotes/author/dick-morris/) > [I think that the reason Clinton chose Gore was that he was an example of what Clinton was like. 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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 Adopted quotes > [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [Somehow destiny comes into play. These children end up with you and you end up with them. 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