Quotessence
Home / Quotes / Quote by Barack Obama

Quote by Barack Obama

“Americans have always pursued our dreams within a free market that has been the engine of our progress. It's a market that has created a prosperity that is the envy of the world, and rewarded the innovators and risk-takers who have made America a beacon of science, and technology, and discovery. But the American economy has worked in large part because we have guided the market's invisible hand with a higher principle - that America prospers when all Americans can prosper. That is why we have put in place rules of the road to make competition fair, and open, and honest.”

Quote by Barack Obama

Author

Barack Obama
Barack Obama

Barack Obama, born on August 4, 1961, served as the 44th President of the United States from 2009 to 2017. He is the first African American to hold the office. Obama's presidency was marked by significant achievements, including the Affordable Care Act and the normalization of relations with Cuba. He was awarded the Nobel Peace Prize in 2009. more

You May Also Like

“Any strategy to reduce intergenerational poverty has to be centered on work, not welfare--not only because work provides independence and income but also because work provides order, structure, dignity, and opportunities for growth in people's lives.”

“Our challenges may be new. The instruments with which we meet them may be new. But those values upon which our success depends -- honesty and hard work, courage and fair play, tolerance and curiosity, loyalty and patriotism -- these things are old. These things are true. They have been the quiet force of progress throughout our history. What is demanded, then, is a return to these truths.”

“The answers to our problems don't lie beyond our reach. They exist in our laboratories and universities; in our fields and our factories; in the imaginations of our entrepreneurs and the pride of the hardest-working people on Earth. Those qualities that have made America the greatest force of progress and prosperity in human history we still possess in ample measure.”

“Ultimately, the challenges of the 21st century can't be met without collective action. Agreement will almost never be easy, and results won't always come quickly. But I am committed to respecting different points of view, and to forging a consensus instead of dictating our terms... That's how we will advance and uphold our ideals.”

“I might have arguments with the size of Reagan's military buildup, but given the Soviet invasion of Afghanistan, staying ahead of the Soviets militarily seemed a sensible thing to do. Pride in our country, respect for our armed services, a healthy appreciation for the dangers beyond our borders, an insistence that there was no easy equivalence between East and West--in all this I had no quarrel with Reagan. And when the Berlin Wall came tumbling down, I had to give the old man his due, even if I never gave him my vote.”