Thread Uncle Bill Knows What's Up

OzSTEEZ

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http://www.politico.com/news/stories/0711/58429.html#ixzz1RM7F7Kkk


Bill Clinton bashed Republicans as hypocrites on Wednesday, saying their policies created the huge budget deficits that the GOP is now using to demand economically harmful spending cuts.

"Why aren’t we talking more about the economy and less about this?" Clinton said during a speech to liberal youth activists in Washington. "Partly because the Republicans who control the House and have a lot of pull in the Senate have now decided, having quadrupled the debt in 12 years before I took office and doubled it after I left, that it's all of a sudden the biggest problem in the world."

Speaking at Campus Progress’s seventh annual conference, Clinton blamed GOP leaders for creating the deficit through tax cuts and military spending. He also warned President Barack Obama and congressional leaders to avoid lumping immediate spending cuts into any debt limit deal because the economy still hasn't fully recovered.

"In the current budget debate, there's all this discussion about how much will come from spending cuts, how much will come from tax increases, and almost nobody is talking about one of the central points, that everyone who's analyzed the situation makes, including the bipartisan Simpson-Bowles commission, which said you shouldn't do any of this until the economy is clearly recovering," Clinton said.

"Because if you do things that dampen economic growth, and the U.K. is finding this out now, they adopted this big austerity budget, and there's a good chance that economic activity will go down so much that tax revenues will be reduced even more than spending is cut, and their deficit will increase," he added.

Clinton last month told Bloomberg Television’s Al Hunt that it was “crazy” for Obama and Congress to consider spending cuts now. He urged them to wait two years before venturing into the types of reductions envisioned by the Simpson-Bowles commission.

Obama is scheduled to meet Thursday at the White House with House and Senate leaders from both parties as they search for an agreement before an Aug. 2 deadline to raise the nation’s borrowing limit from its current cap of $14.3 trillion.
 

Duke

. . first name's "Daisy" boys
May 12, 2008
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It amazes me how, somehow, the republican party has so much of America believing that it's the democrats who are the spend crazy party, when the numbers say exactly the opposite.

It says to me that democrats are, for the most part, idiots in not having any way to counter this.

Or, if I put on my tin foil hat, that democrats are perfectly happy in that role so that the partisan division of the US maintains it's vehement hold on keeping america divided and the new american aristocracy in control.
 

b_sinning

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He's right. Everyone has to pay their taxes for all of us to have a chance. It sucks but that is the way it has to be. I still think we should pull back some of our military presence over seas. Why are we always the cops for NATO?
 

OzSTEEZ

¡ɟɟo ʞɔnɟ ʇunɔ 'ᴉO
Nov 11, 2008
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Brainwashed. Reagan brainwashed the people into believe the socialists (Soviets) were bad bad BAD. Since then the republicans have been painting the democrats as socialists like a trump card, knowing full well the republican base isn't educated enough to know exactly what is going on.


I wish former US presidents could run again.
 

Floptical

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He's right. Everyone has to pay their taxes for all of us to have a chance. It sucks but that is the way it has to be. I still think we should pull back some of our military presence over seas. Why are we always the cops for NATO?

We are almost never the cops for NATO.
 

ZRH

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Get the fuck out. I would LOVE Hilary over Palin ANY DAY.
COMMUNIST SCUM

Though I don't have any love for Palin.

Really I think the entire executive branch is becoming a liability. It has made a huge power grab since the mid 1950s and I really wouldn't trust anyone in that position.
 

APRIL

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COMMUNIST SCUM

Though I don't have any love for Palin.

Really I think the entire executive branch is becoming a liability. It has made a huge power grab since the mid 1950s and I really wouldn't trust anyone in that position.

I don't trust any human in the presidential seat. Robots here we come!