Aids Quote by William J. Clinton
“If you look at what's happened to the stock market, if you look at what's happened to housing values, if you look at what's happened to bank loan portfolios because the value of their other assets that they've already issued loans against were going down, there was a pretty good argument for trying to pass something at about this level of investment with the divisions as they were - unemployment, food stamps, and tax cuts, aid to education and healthcare, and job creation.”
About This Quote
Source Speech: Economic Policy Address, Bill Clinton, 2000
The speaker argues that declining asset values justify large public investment in social programs and job creation to stabilize the economy.
In simple terms: Economic decline calls for big government spending on social services and jobs.
Invest in people to revive the economy.
Themes
Mood
Type
When to use this quote
- government budget planning
- policy debates
- community development
- education funding
- healthcare expansion
Key Concepts
Questions to Reflect On
- How can stimulus be targeted for maximum impact?
- What safeguards prevent misuse of funds?
Large spending may increase debt and face political resistance.