Barack Obama actually said...
And we cannot go back to endless cycles of bubble and bust. We can't continue to base our economy on reckless speculation and spending beyond our means, on bad credit and inflated home prices and overleveraged banks. This crisis teaches us that such activity is not the creation of lasting wealth, it's the illusion of prosperity and it hurts us all in the end.
Context
President Obama discusses the need for a sustainable economy and warns against returning to previous financial practices that led to economic crises.
03/11/2009