OMG, the economic ignorance displayed in this sentence is STUNNING. WTH does he think the money comes from?
Surely even Bill Clinton isn't THIS stupid? In any sane country he would be literally laughed out of the country. Any time anyone ever again calls a Republican President stupid, this quote needs to be jammed down their throats, HARD.
And Senator Lautenberg called Clinton’s talk a “lesson in Economics 105”!!! LOL!!!!
Gotta remember he was addressing an audience that is that stupid. He was just being a typical salesman..
The Clinton duo leads the pack in stupidity.
Many sycophantic shills screech about what a savvy president Clinton was and what a great Secretary of State his -itchy wife is.
When one analyzes what these two say, unless the analyzer is stupid as well, what one comes up with is a prattle by a newsspeak nincompoop!
Obummer, of course, is the same type of boring socialist Democrat.
Yes, he that stupid.
If this man and his ilk had to bottle up their bullspin as to sell it to an investor they would last no more than five minutes and be shown the door, that is an honest investor.
Clinton isn’t stupid. He could sell ice to an Eskimo.
“Surely even Bill Clinton isn’t THIS stupid? In any sane country he would be literally laughed out of the country.”
Bill Clinton was preaching to the choir (i.e. people as ignorant as he is):
“New Jersey Sen. Frank Lautenberg called the talk “a lesson in Economics 105”
The CBO has written repeatedly that high health spending does NOT affect our economic competitiveness. Whatever employers spend on health care is money they otherwise would have spent on workers’ wages. Health benefits alter the mix of compensation provided, but not the total amount. The reason the US has the highest compensation per worker in the world is because its workers are the most productive: THAT’s Econ 101.
Should we reform health care so that workers get more wages in their pockets instead of seeing them squandered on excess health benefits encouraged by our tax code? Absolutely, but Obama ruled out the simplest and most straightforward way of doing this: replacing the tax exclusion (which gives Bill Gates a 50% discount on his health benefits—courtesy of US taxpayers—while his janitor probably gets a tax-financed subsidy of only 15%) with tax credits. Why does Obama oppose the most efficient approach to fixing our health care mess? Because it was John McCain’s very sensible proposal for reforming health crae in the 2008 election and because unions vehemently oppose the idea.
You can rest assured that Bill Clinton never will lecture Obama on how he is letting ideology and politics get in the way of good health policy.