Presidential Candidates on Your Finances

Financial Quotes From Your Next President...Perhaps

Presidential Candidates on Your Finances
August 21, 2015

2016 Republican presidential candidate Jeb Bush recently managed to outrage some Americans when he said, "...people need to work longer hours, and, through their productivity, gain more income for their families. That's the only way we're going to get out of this rut that we're in."

Bush was attempting to point out that workforce participation needs to be raised and underemployed workers need more opportunities to go full time, but regardless of intent, it was not well received by many, especially those who are working two or three jobs as it is.

The full exchange is clear, but opponents pounced on the out-of-context sound bite.

What other sound bites are out there with respect to 2016 candidates, finances, taxes, and the economy? We're glad you asked. Here are a few for your consideration that we tried not to take out of context.

  • Republican Marco Rubio – "...the idea that more taxes and more government spending is the best way to help hardworking middle class taxpayers — that's an old idea that's failed every time it's been tried."

  • Republican Rand Paul – "...if you cut just one penny from every dollar we currently spend, the budget would balance within six or seven years." That's been called "The Penny Plan."

  • Democrat Hillary Clinton – "Trickle-down economics have been failing women and families for decades."

  • Democrat Bernie Sanders – "Nobody who works forty hours a week should be living in poverty."

  • Republican Chris Christie – "We must create a flatter, fairer, simpler tax code."

  • Republican Carly Fiorina – "I hear people talk about tax reform, and clearly we have to lower rates, but we have to simplify the tax code dramatically...a company or a wealthy individual can figure out all the loopholes in those tens of thousands of pages (of the tax code) that advantage them, but a regular family, or a small business, they don't have the time and the resources."

  • Republican Ted Cruz – "Imagine a simple flat tax...imagine abolishing the IRS." (Wonder who would collect the taxes in that case....)

  • Republican Ben Carson – (regarding his "tithing" flat tax proposal) "We don't necessarily have to do 10% but it's the principle...you make $10 billion, you put in a billion. You make $10 you put in one. Of course, you’ve got to get rid of the loopholes."

  • Republican Mike Huckabee – "...as Governor of Arkansas, I cut taxes and welfare, balanced the budget every year for ten years, and raised average family income by fifty percent." Huckabee provided this voice-over for a campaign ad. The fifty-percent claim was rated as mostly false by Politifact because family incomes in Arkansas rose 59% during his tenure but on average across the U.S., family income rose 62%!

  • Republican Scott Walker – (regarding minimum wage in Wisconsin, from 2014) "Well, I'm not going to repeal it, but I don’t think it serves a purpose because we're debating then about what the lowest levels are at. I want people to make, like I said the other night, two or three times that."

  • Republican John Kasich – "Economic growth is not an end unto itself. It's a means to an end, where everybody gets lifted."

  • Democrat Martin O'Malley – "What the people of our country want is not ideology, not trickle-down economics, but middle-out economics, where we strengthen our middle class to grow our economy and to give our kids a better future."

  • Republican Rick Perry – "I would suggest to you that people are tired of spending money we don’t have on programs we don't want." (This occurred shortly before his "oops" comment that sank his 2012 campaign.)

  • Republican Rick Santorum – (with respect to raising taxes) "We need to get the economy growing. That doesn't mean taking more money out of it."

  • Republican George Pataki – "When government accepts responsibility for people, then people no longer take responsibility for themselves."

  • Republican Lindsay Graham – "...a dollar-for-dollar offset and a budget, I think, are two conditions to raising the debt ceiling."

  • Republican Bobby Jindal – "We must not become the party of austerity, we must become the party of growth."

  • Republican Jim Gilmore – His administration will grow the economy "so people don’t have to rely on handouts."

  • Democrat Jim Webb – "Let's work to restore true economic fairness in this great country, starting with finding the right formula for growing our national economy while making our tax laws more balanced and increasing the negotiating leverage of our working people."

  • Democrat Lincoln Chafee – "I'm all for tax cuts as long as we can cut our spending. The difficulty has been that we cut the taxes but we don't cut our spending."

Finally, we end with the ever-popular but controversial Republican candidate Donald Trump, who said, "Capitalism requires capital. When government robs capital from investors, it takes away the money that creates jobs."

We thought it would be a pleasant surprise to find a relatively tame Trump quote to end with; feel free to find your own outrageous one. It shouldn’t be hard to do.


Photos ©iStock.com/EdStock

  Conversation   |   43 Comments

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Victor | 08.24.15 @ 14:04
It is very good to have a clear understanding of what our candidates think in that way we can choose more wisely.
Sarah | 08.24.15 @ 14:11
Sadly, your ending paragraph highlights just what is wrong with a list like this. These are quotes, and generally when it comes to politics, it's not too hard to find ones that mean something quite different. Such is politics though...
Apryl | 08.24.15 @ 14:23
I seriously question comments from anyone that has never even tried to survive on an under 6 figure salary.
Daniel Dohlstrom | 08.24.15 @ 14:28
Maybe I am jaded but no matter what these people say I have to think "how much is being said just to get my vote". Of course I weigh my options but in the end talk all you want but if you get elected, then show me.
Elaine | 08.24.15 @ 14:30
Interesting statements they have made. I wonder how many truly believe their quotes or is it just their political stance? Something I've always wondered no mater what the topic is.
Britt | 08.24.15 @ 14:30
I prefer the candidates that are very up front with their views and where they stand. I wouldn't want to vote for someone who I didn't know where they stood on certain topics.
Christina | 08.24.15 @ 14:43
If they would stand behind what they preach while running for office would make a better place for the work force. Get the priority straight on what all the money is needed for.
Christina | 08.24.15 @ 14:53
So much of what candidates say is said entirely to sway people into voting for them, and once they achieve office it never sees the light of day.
Angie | 08.24.15 @ 14:54
No matter what they candidates say, do they ever truly make a difference once elected in the areas they place most importance on as their platforms?
gracie | 08.24.15 @ 15:07
I'd rather hear a candidate being honest and up front with their view so I know what I would be getting if I voted for them although with politics you never really know if they are being honest or just aiming for votes? Either way I doubt that any of the candidates have had to struggle with lay-offs and a job market that barely exists while they figure out how to budget for gas and groceries that change quickly and steeply from week to week. Makes it hard for me to believe they have much understanding of or compassion for the everyday working family who is working hard to make enough and spend it wisely.
Steffanie | 08.24.15 @ 15:09
Most comments from politicians need to be taken with a grain of salt. They will say just about anything to get voted in.
Zanna | 08.24.15 @ 15:12
It sounds great, but I don't think it's a true summation of what each candidate believes or plans to campaign on. Sound bites simply fuel the media beast, and the politics roll on. It's too bad.
Crystal | 08.24.15 @ 15:34
I agree with one of the commenters here. Try living paycheck-to-paycheck and THEN adding your two cents. Ridiculous.
Ron | 08.24.15 @ 15:36
Simply put, a government that puts emphasis on spending on debt has no business handling money. Cut the military budget, close down foreign bases, bring those troops and monies home. Reopen DOMESTIC bases for the stateside economies! Imagine that! Putting money to build up and defend America versus advancing an empire. I think, Japan, Germany, and Italy can care for themselves now.
Jackie | 08.24.15 @ 15:47
Politicians are a dime a dozen as are their mundane quotes. I often wonder how many of them are just saying what their speech writers give them or if they have an original thought of their own.
Rindy | 08.24.15 @ 16:03
It is so easy to make empty promises and unfortunately I think that is all this is coming from politicians. They say whatever they have to just to get elected. When were any of these people middle class taxpayers?
Blake | 08.24.15 @ 16:03
This is helpful in understanding better where these people stand. It also further highlights the issues with several of the candidates' ideas
Irene | 08.24.15 @ 16:13
They don't have a clue what it's like to live in the real world on a real budget.
Nancy | 08.24.15 @ 16:44
Americans are in such a hurry. We rely on sound bytes and reporters to tell us what to think and how to vote. Anything can be misinterpreted but report things out of context and it is practically guaranteed.
Sara | 08.24.15 @ 17:05
You know its sad when more money means better chances of winning elections. With that being said always make sure you know what they truly stand for before voting on them.
Stokes | 08.24.15 @ 17:15
Any time a politician opens his or her mouth, I assume that whatever comes out will be the furthest thing from the truth and the best thing to help them win an election.
Bobbie | 08.24.15 @ 17:25
I don't believe a word that any of them say. They are trying to build a platform that will get the most votes so they can be elected. I feel that they are all so out of touch with middle America and all have more money than they know what to do with.
Alec | 08.24.15 @ 17:49
I think the majority of the candidates have been living comfortably for long enough that they've forgotten what it's like to be working class and they're just kind of pretending. I really wish they'd actually try to put in to action something to help people and the economy now instead of waiting until one of them is picked for president. They have to power to make a difference NOW even if it's not on a federal/national level.
Kamie | 08.24.15 @ 18:06
When I see politicians talk I tend to tune them out, Their words mean nothing, their actions say everything.
Crystal | 08.24.15 @ 18:18
I always worry they say what they think people want to hear then when they get in office it all changes.
Chelsey | 08.24.15 @ 18:22
I would love to see a fair flat tax, get rid of or revamp the tax code to make it simple. Im a fan of Mr. Carson myself. I really dislike the fact that big corporations use loopholes and everything else to not pay their fair share. I just hope that if a Republican makes it into office they do what they say they are going to do. I am so tired of career politicians and the good old boys club on both sides.
Vaughn | 08.24.15 @ 18:44
This makes my head spin.
Erin | 08.24.15 @ 18:59
They can all say what they want, but until Congress can learn to work together and compromise, the words mean nothing and the regular folks get to pay the price.
Andrea | 08.24.15 @ 19:08
With so many running this time around.... there will need to be a lot of research and hope the one I vote for is not just blowing smoke to get votes,
Jo Ann | 08.24.15 @ 19:22
I read these comments and I to believe that not one of these people have ever been an average Joe person. They need to try to raise a family on minimum wage. It isn't easy. They would be screaming at the top of their lungs to raise it. I find it hard to believe any of them.
trish | 08.24.15 @ 19:25
To believe or not to believe, That is the question...
Joanne grant | 08.24.15 @ 19:30
Many excellent points now why can't both parties compromise and work together for the betterment of our great country.
Wanda Langley | 08.24.15 @ 20:29
I feel that the majority of them say what they think that we want to hear just to get our votes. If they stuck to them, I might learn to trust them again. So many say one thing, then do another after elected.
Carla Truett | 08.24.15 @ 20:45
Are these candidates being sincere or blowing smoke? After a while it seems to all run together. More of these politicians need to back up what they say. Show me what you have done so far.
Heather | 08.25.15 @ 01:03
Unfortunately, no matter what a candidate says big money and interests groups will always win out while middle Americans lose. The cost of living is increasing but our paychecks are not.
Beverly | 08.25.15 @ 01:32
Unfortunately, we have become a "soundbite" nation. We quickly jump on one little soundbite out of an entire conversation and use it to our advantage.....and the media even takes snippets from conversations and put them together to say something completely different from what was actually said. It's always important to research those quotes and see if you can find out what the real story is and make your decision then and not of a single quote or soundbite.
Jane | 08.25.15 @ 01:46
I'm not sure anyone has the right answer, if the candidate isn't an economic specialist.
Meredith L | 08.25.15 @ 02:59
They can say what they want to try to get our votes, but until they actually have to buy their own health insurance plan, worry about how to pay for their kids' education, sweat the monthly bills and pray no one gets sick, or be in a position where their house might be foreclosed on because they can't find full time work - I don't trust or believe any of them.. Let's take the auto bailout, for example. It was nearly $80 BILLION. Guess what? There aren't even 80 billion people in the U.S. Actually, it's about 319 million. Imagine instead of bailing out the auto industry if every citizen with a social security number got a $1 million "bailout" That would have cured the economy because the middle class would buy homes, cars, start a business, send the kids to school, gone on vacation... But big government keeps on taking because the middle class just want to work and be comfortable.
Leah Gardner | 08.25.15 @ 04:45
I already know my candidate. However i think they would all benefit from living off a "middle class" wage, to better understand the issues that are present
Donnie | 08.25.15 @ 21:25
Plan and simple flat tax for all.
Casey | 08.26.15 @ 02:29
This needs more in depth insight
Rychana Vingia | 08.26.15 @ 03:24
Most of these quotes feel like just a bunch of hot air. Most of them aren't really even saying anything of substance.
Katie Greene | 08.26.15 @ 16:39
This is very helpful. Trump is ridiculous. He is a joke and if America votes him in we will have a rich man who doesn't understand the poor at all. I know he may have a tame quote here and there, but add in some of the really out there ones and understand where he really stand
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