Clinton Critique of Jobs, Debt Fight Offers Something for Everyone
Published September 22, 2011
| FoxNews.com
Both sides in the debate on job growth and deficit spending are claiming an ally in Bill Clinton, the multimillionaire former president who has declared his willingness to pay more in taxes, but said that it won't help get the economy moving.
Clinton, in interviews over the weekend, touted President Obama's $447 billion jobs package as a smart move. But speaking with Newsmax, he criticized the president's deficit-reduction plan, which calls for $1.5 trillion in tax hikes to be collected by raising the rates on people making $200,000 or more and adding an additional calculation for people making more than $1 million.
It's getting pretty bad for the Dems when Bubba has turned his back on Barry... Of course Bubba might have his own best interests in mind when it comes to taxing folks who earn more than $200K a year!
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
I love when Dems disagree. Like when Ed Koch supported a Republican to replace Weiner.
I do wonder what Clinton is doing here, he knows how to play the Game of Thrones, and doesn't make too many miscues. Obama's bill has no chance of passing, so why even bother to piss(urinate Pinecam edit) off Obama by not endorsing it.
Thomas Sowell: There are no solutions, just trade-offs.
I think its a setup for Obama to pull out last minute and Hillary to come in riding the white horse and rescue us from the wayward democrat. Obama has received his orders...
Clinton, who is hosting the Clinton Global Initiative’s annual meeting in New York City this week, said that until the country’s debt is reduced, he doesn’t believe cutting or raising taxes or boosting spending are the solution to bringing the country to a full employment economy.
“The Republicans in Washington always say the same thing,” Clinton said, accusing the GOP of being locked into opposing the end of the Bush-era tax cuts.
“It’s an insult to those people [the wealthy],” Clinton added. “They don’t mind being asked to pay their fair share.”
Clinton criticized the GOP’s “anti-government extreme position” on tax hikes, saying, “It scares people around the world.”