"I think back a little bit when President Bush was elected President and what kind of economy he inherited from the Clinton administration. The economy was going down. It was not doing well"
About this Quote
The subtext is defensive triage. If the economy is “going down” at the moment Bush takes office, then whatever follows becomes less an indictment of the new administration and more an unavoidable continuation of a trend. That’s why the phrasing stays blunt and repetitive: “going down… not doing well.” It’s built for soundbite gravity, not empirical precision. Specific numbers would invite counter-numbers; vagueness invites assent.
Context matters because this is a familiar Washington ritual: the outgoing party gets the credit for the peak, the incoming party gets handed the downturn. Allard’s line also trades on the public’s hazy timelines about economic cycles. Recessions don’t obey election calendars, but political narratives pretend they do, because voters often experience “the economy” as mood rather than data.
There’s an implied moral ledger here, too. Clinton-era prosperity is quietly downgraded to a mirage that was already collapsing, which helps neutralize nostalgia and insulate Bush from comparisons. It’s less a statement about macroeconomics than an argument about who deserves to be blamed, and who deserves to be forgiven.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Allard, Wayne. (2026, January 16). I think back a little bit when President Bush was elected President and what kind of economy he inherited from the Clinton administration. The economy was going down. It was not doing well. FixQuotes. https://fixquotes.com/quotes/i-think-back-a-little-bit-when-president-bush-was-84002/
Chicago Style
Allard, Wayne. "I think back a little bit when President Bush was elected President and what kind of economy he inherited from the Clinton administration. The economy was going down. It was not doing well." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/i-think-back-a-little-bit-when-president-bush-was-84002/.
MLA Style (9th ed.)
"I think back a little bit when President Bush was elected President and what kind of economy he inherited from the Clinton administration. The economy was going down. It was not doing well." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/i-think-back-a-little-bit-when-president-bush-was-84002/. Accessed 11 Feb. 2026.


