Posted on 07/14/2010 10:30:04 AM PDT by kristinn
U.S. President Barack Obama sought on Wednesday to lift sagging confidence in his economic stewardship by enlisting the help of predecessor Bill Clinton, as a leading business group issued a scathing critique of the administration's policies.
Clinton, who presided over the 1990s economic boom, was to join Obama at a White House meeting with business leaders at 2:35 p.m. Eastern time (1835 GMT) to encourage job creation and investment, including in clean energy.
SNIP
Four months before the November congressional elections, Republicans have tried to paint Obama and his Democrats as anti-business.
Obama is increasingly turning to former President Clinton to help win over voters and the business community.
Clinton, seen by many in corporate America as sympathetic, has helped the White House by campaigning for Democratic candidates running in November's elections.
(Excerpt) Read more at reuters.com ...
Much of Clinton’s economic boom was due in no small part to the Republican controlled Congress.
Snakes. Why did it have to be snakes?
Clean Energy = Higher taxes to pay for subsidies...wonderful.
LOL. Love your parenthetical addition to the headline!
And conversely, let’s overlay the timeline of the party shift in Congress with the financial meltdown and the onset of Great Depression II.
My guess is that Barry is trying to use Bill for whatever scant political cover his name can give him. He has no intention of abandoning his hard-core socialism to triangulate with a Republican Congress.
This writer is absolutely delusional when it comes to Clinton.
Yeah, Bill will help Barack. He’ll give him that extra shove at the cliffside to make room for Hillary.
Obama should certainly follow that same path to success.
Clinton’s advice: “Now, Barry, all you do is lose both houses of Congress and you’ll do just fine.”
Personal opinion: This is Obama’s way of trying to keep Hillary in check and anchored in her SOS role. I can’t imagine Hillary will sit-out the 2012 primary season since it is her last opportunity to get the job she feels she is entitled to, and she recognizes a wounded and vulnerable candidate when she sees one.
Hollywood will be thrilled.
Exactly! They (the MSM/MOONBATS) always leave out that little tidbit.
This is nothing more than an attempt to give Monica a resurgence....
Clinton benefited greatly by a corrupt stock market and the "dot com" internet bubble. He also saved tons of money by slashing the military budget, while at the same time building up the ChiCom military.
Oh for the good old days when even Clinton proclaimed, “The era of big government is over!” Well, at least we got a breif repreive then from what was happening now.
They say the stock market has been going up since Obama predicted the Republicans would take the majority last week.
Tax Cuts, Not the Clinton Tax Hike, Produced the 1990s Boom
Published on March 4, 2008 by J.D. Foster, Ph.D.
When pressed about the harmful effects on the economy, proponents of highertaxes often fall back on what can be called the “Clinton defense.” President Bill Clinton pushed a major tax increase through Congress in 1993, and, so the story goes, the economy boomed. How, then, can tax increases be so bad for the economy? The inference is even stronger: that highertaxes actually strengthened the economy.
The Clinton defense is superficially plausible, but it fails under closer scrutiny. Economic growth was solid but hardly spectacular in the years immediately following the 1993 tax increase. The real economic boom occurred in the latter half of the decade, after the 1997 tax cut. Lowtaxes are still a key to a strong economy.
And the IT revolution which created a tech wave/bubble that can't be replicated.
Clinton’s counsel, which will be to move to the center, will be neither welcome nor followed by Obama, the idealogue.
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