Administration Quote by Hillary Clinton
“I don't think all the blame lies with Wall Street. I think a lot of the blame lies with the [George W.] Bush administration. They went back to trickle-down economics. They took their eye off the mortgage market, they took their eye off the finance markets, and we ended up in a big mess.”
About This Quote
Source Speech: 2008 Presidential Campaign, Hillary Clinton, 2008
Blame for the financial crisis is shared between Wall Street and the Bush administration’s policies, especially trickle‑down economics and neglect of mortgage and finance markets.
In simple terms: Both Wall Street and the Bush administration share responsibility for the crisis.
Recognize multiple causes, not just one scapegoat.
Themes
Mood
Type
When to use this quote
- policy analysis
- financial education
- political debate
- media commentary
Key Concepts
Questions to Reflect On
- How could better regulation have prevented the crisis?
- What lessons can be applied to current economic policy?
Focusing solely on one side oversimplifies complex systemic failures.