The former President is a wonderful person and his Clinton Global Initiative is proof of the strength of his insight and policies. There was simply no doing without President Clinton when he left the White House.
But, when it comes to Romney and the Bush Tax Cuts he is "W"rong. The Clinton Presidency was in a very different time and he left the White House with a budget surplus. President Clinton used his policies to enlist tourism and international cooperation globally to boost the American economy to a place it had never been before. Wall Street did well under Clinton and had no drastic problems, so in many ways Wall Street was still an ally to the American economy.
...Recently (click here) he has been on the wrong end of at least three different statements he has had to clarify—defending Bain Capital, testifying to Mitt Romney's "sterling" business career, suggesting the country was still in a recession, and suggesting he favored extending the Bush-era tax cuts. Clinton is doing such good work for Mitt Romney that he now appears in the Republican nominee’s press releases. Even Sarah Palin praised Clinton last night, in an effort to make President Obama look way out of the mainstream....
But, today, it is very different and President Clinton no longer has a Wall Street interested in the American economy. I realize he sees Wall Street as a friend and ally, but, in reality it has turned away from the American people, at least the banks have and banks are a big part of Wall Street today.
Wall Street was never bailed out during the Clinton years, nor did they pick up their money and go elsewhere. The times have changed a great deal from the boom days of he and Al Gore. We have been fighting terrorists he tried to stop, but, couldn't; we were dragged into fighting an illegal and immoral war in Iraq, and the Simpson-Bowles Bill never made it out of committee for a vote.
What Former President Clinton should say is, "The Bush Tax Cuts have caused this disaster, the policies of "W" have been a disaster and now without the help of the GOP in the House and Senate the country is a literal target of their abandonment to win elections. Republicans are attempting to be elected by NOT solving the problems of the country, they are expecting to win elections by causing bigger problems."
The Bush Tax Cuts didn't exist during the Clinton Presidency, so before he starts saying they should be extended he needs to remind himself of the solvency he enjoyed because of the tax structure supporting his administration and policies.
Bill. The money is STUCK at the top of the income tax structure and the country is suffering because of it. The wealthy have no intention of 'sharing' or 'attempting' to grow the economy because they had to tighten their belts a little after the global economic collapse of 2008. The world is a very different place. The economies of every country on Earth have been effected and there is protectionism in large measure. Before, the former President can actually speak about tax cuts, he needs to walk in the shoes again. We need to pay down our national debt and support the national budget, it isn't going to happen by taxing the Middle Class and with all the money sequestered in the upper income bracket there is only one place to look.
The Bush Tax Cuts cannot be renewed, they are ADVERSE to the American economy and the future of our children. We are better off rescinding them and voting to put in place the provisions of Simpson-Bowles which more than adequately addresses the needs of the nation. The tax code has to be revived to actually mean something to this country, because right now it only serves the best interests of wealth in the USA like that of Romney and Bain Capital.
Wall Street was never bailed out during the Clinton years, nor did they pick up their money and go elsewhere. The times have changed a great deal from the boom days of he and Al Gore. We have been fighting terrorists he tried to stop, but, couldn't; we were dragged into fighting an illegal and immoral war in Iraq, and the Simpson-Bowles Bill never made it out of committee for a vote.
What Former President Clinton should say is, "The Bush Tax Cuts have caused this disaster, the policies of "W" have been a disaster and now without the help of the GOP in the House and Senate the country is a literal target of their abandonment to win elections. Republicans are attempting to be elected by NOT solving the problems of the country, they are expecting to win elections by causing bigger problems."
The Bush Tax Cuts didn't exist during the Clinton Presidency, so before he starts saying they should be extended he needs to remind himself of the solvency he enjoyed because of the tax structure supporting his administration and policies.
Bill. The money is STUCK at the top of the income tax structure and the country is suffering because of it. The wealthy have no intention of 'sharing' or 'attempting' to grow the economy because they had to tighten their belts a little after the global economic collapse of 2008. The world is a very different place. The economies of every country on Earth have been effected and there is protectionism in large measure. Before, the former President can actually speak about tax cuts, he needs to walk in the shoes again. We need to pay down our national debt and support the national budget, it isn't going to happen by taxing the Middle Class and with all the money sequestered in the upper income bracket there is only one place to look.
The Bush Tax Cuts cannot be renewed, they are ADVERSE to the American economy and the future of our children. We are better off rescinding them and voting to put in place the provisions of Simpson-Bowles which more than adequately addresses the needs of the nation. The tax code has to be revived to actually mean something to this country, because right now it only serves the best interests of wealth in the USA like that of Romney and Bain Capital.
