Political Quotes

Barack Obama: We cannot go back to endless cycles of bubble and bust. We can't continue to base our economy on reckless speculation…

On the recordMarch 11, 2009
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.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

President Obama emphasizes the need for a stable economy and warns against the dangers of reckless financial practices.

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