"We have stabilized our economy. We took over a very sick economy, and we were hemorrhaging 750,000 jobs a month. We have stopped the hemorrhaging. In fact, we had 140,000 job growth last month. And that's what I call progress"
About this Quote
The intent is less to celebrate prosperity than to certify competence. “We took over” assigns ownership of the mess to the previous administration while implicitly tying the recovery to the current one. The numbers do the heavy lifting: 750,000 jobs lost per month is catastrophe-by-statistic, and the pivot to 140,000 jobs gained is designed to feel like a moral reversal, not just a technical change in a data series. It’s a conversion narrative: from freefall to footing.
The subtext is defensive realism. Clyburn isn’t promising a boom; he’s trying to reshape expectations in the wake of the Great Recession, when voters wanted immediate relief but the labor market moves like a freight train. The word “progress” signals patience and political cover: if you accept stabilization as success, you’re less likely to punish leaders for an economy that still feels rough at street level.
Context matters: this is the early Obama-era argument for stimulus, triage, and incremental recovery, delivered in a media environment primed for scorekeeping. Clyburn’s rhetoric asks the public to grade the administration on direction, not destination.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite | Cite this Quote |
Citation Formats
APA Style (7th ed.)
Clyburn, Jim. (n.d.). We have stabilized our economy. We took over a very sick economy, and we were hemorrhaging 750,000 jobs a month. We have stopped the hemorrhaging. In fact, we had 140,000 job growth last month. And that's what I call progress. FixQuotes. https://fixquotes.com/quotes/we-have-stabilized-our-economy-we-took-over-a-76151/
Chicago Style
Clyburn, Jim. "We have stabilized our economy. We took over a very sick economy, and we were hemorrhaging 750,000 jobs a month. We have stopped the hemorrhaging. In fact, we had 140,000 job growth last month. And that's what I call progress." FixQuotes. Accessed February 2, 2026. https://fixquotes.com/quotes/we-have-stabilized-our-economy-we-took-over-a-76151/.
MLA Style (9th ed.)
"We have stabilized our economy. We took over a very sick economy, and we were hemorrhaging 750,000 jobs a month. We have stopped the hemorrhaging. In fact, we had 140,000 job growth last month. And that's what I call progress." FixQuotes, https://fixquotes.com/quotes/we-have-stabilized-our-economy-we-took-over-a-76151/. Accessed 2 Feb. 2026.





