"President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity"
About this Quote
The numbers are there for punch, not balance. “Nearly a half-trillion” and “more than $14 trillion in debt” are chosen for scale, to trigger a household-budget intuition: you don’t swipe the credit card when you’re already underwater. The subtext is that Washington is a spendthrift parent and voters are the responsible adults. It’s fiscal conservatism translated into kitchen-table anger.
The phrase “spend our way to prosperity” is the real rhetorical payload: a neat, folksy caricature of Keynesian stimulus that sounds obviously absurd, like trying to drink your way to sobriety. It forecloses nuance about recession dynamics, interest rates, and the difference between long-term debt and short-term demand collapse. Context matters here: post-2008 recovery politics, Tea Party energy, and a Republican incentive to frame Obama’s agenda as both economically dangerous and ideologically alien. Perry’s intent is less to win an economics seminar than to fix a simple story in the public mind: Democrats spend; adults pay.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Perry, Rick. (2026, January 18). President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity. FixQuotes. https://fixquotes.com/quotes/president-obamas-call-for-nearly-a-half-trillion-20699/
Chicago Style
Perry, Rick. "President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity." FixQuotes. January 18, 2026. https://fixquotes.com/quotes/president-obamas-call-for-nearly-a-half-trillion-20699/.
MLA Style (9th ed.)
"President Obama's call for nearly a half-trillion dollars in more government stimulus when America has more than $14 trillion in debt is guided by his mistaken belief that we can spend our way to prosperity." FixQuotes, 18 Jan. 2026, https://fixquotes.com/quotes/president-obamas-call-for-nearly-a-half-trillion-20699/. Accessed 10 Feb. 2026.



