Why does Bill Clinton's economic record help Obama?
So Bill Clinton will be at the convention this week. One thing he'll do (one of the major things he'll do) is remind Americans that the economy did great when he was President, which is true. Clinton and Obama will therefore suggest that the economic principles supported by Democrats are effective.
But here's what I don't get...
Yes, Clinton did a spectacular job at improvng the economy. But what did he do, exactly? Did he do the same things that Obama is proposing?
Hell, no.
Clinton slashed tax rates. Clinton slashed spending. Clinton had a balanced budget several years in a row. Clinton enacted very tough welfare reform, telling millions of free-loaders to get back to work.
In a rational world, in a world with a shred of intellectual honesty, if Bill Clinton thinks his policies are what is needed to turn things around, he should be campaigning for Ryan/Romney. Because the Romney/Ryan ticket supports the policies that Clinton enacted. Obama wants to do the opposite of what Clinton did.
When it comes to economics, Clinton looked a lot more like a Tea Partier than he looks like Barack Obama.
And guess what? It worked!
Last edited by Jim in CT; 09-04-2012 at 08:07 AM..
|