Bill Clinton: “Well, first of all, it's not charity; it's a hand up, not a handout.…”

On the recordJuly 9, 1999

Well, first of all, it's not charity; it's a hand up, not a handout. Secondly, the people who are being asked to invest in these new markets should do so with the expectation that they will actually make a profit out of it, that by helping people in areas which haven't participated in this prosperity, by starting businesses, giving people jobs, having these job training programs, they'll actually make money. Mr. Jackson. So it's a kind of war for profits, not just a war on poverty?

Said by

Bill Clinton

Democratic · Arkansas

Source

govinfo.gov

Share on X Share on Facebook Email this quote

More from Bill Clinton

May 7, 2025

One of the hallmarks of our economic strategy has been a respect for the independence and the integrity of the Federal Reserve

vox.com

Oct 13, 2024

They're going to try to rig the rules away, you know, so it hurt us and there's been some new innovative efforts in that regard, trying to rig the rules away from it. But you did well. We won in 2020.

transcripts.cnn.com

May 31, 2025

Damn it, what we have in common matters more. We cannot throw the legacy of this country away.

cbsnews.com

Apr 10, 2025

You mean to tell me that the success of the program and my re-election hinges on the Federal Reserve and a bunch of fucking bond traders?

thenation.com

View all Bill Clinton quotes

Other voices in this conversation

Bill Clinton: “Well, first of all, it's not charity; it's a hand up, not a handout. Secondly, the people who are being asked to invest…”