"I mean, the reality is unemployment today - over 14 million Americans are unemployed. That's exactly what it was a year ago. I mean, this - the American people know we can't borrow and spend and bail our way back to a growing economy"
About this Quote
The line that does the real work is the triad: "borrow and spend and bail". It’s rhythmic, punchy, and loaded. "Borrow" cues fiscal irresponsibility, "spend" suggests waste, "bail" smuggles in resentment toward elites and institutions seen as rescued while ordinary people struggle. By bundling them, Pence collapses a range of policies - stimulus, deficit financing, financial-sector rescue - into a single, culturally toxic blob. That’s not a policy argument; it’s a frame meant to make alternatives feel illegitimate before they’re even discussed.
Context matters: this is the aftershock politics of the Great Recession, when unemployment stayed high long enough to turn patience into ideology. Pence’s intent is to redirect anger away from market failure and toward government intervention, positioning austerity and private-sector growth as common sense. The subtext is a promise of cleaner hands: no more complicated fixes, no more technocratic justifications, just a return to discipline - and, implicitly, a critique of Obama-era economic management without having to name it.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Pence, Mike. (2026, January 17). I mean, the reality is unemployment today - over 14 million Americans are unemployed. That's exactly what it was a year ago. I mean, this - the American people know we can't borrow and spend and bail our way back to a growing economy. FixQuotes. https://fixquotes.com/quotes/i-mean-the-reality-is-unemployment-today-over-57138/
Chicago Style
Pence, Mike. "I mean, the reality is unemployment today - over 14 million Americans are unemployed. That's exactly what it was a year ago. I mean, this - the American people know we can't borrow and spend and bail our way back to a growing economy." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/i-mean-the-reality-is-unemployment-today-over-57138/.
MLA Style (9th ed.)
"I mean, the reality is unemployment today - over 14 million Americans are unemployed. That's exactly what it was a year ago. I mean, this - the American people know we can't borrow and spend and bail our way back to a growing economy." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/i-mean-the-reality-is-unemployment-today-over-57138/. Accessed 12 Feb. 2026.


