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Video: We’re in a recession and should extend the Bush tax cuts for the rich, says … Bill Clinton
Hotair ^ | 06/06/2012 | AllahPundit

Posted on 06/06/2012 6:11:38 AM PDT by SeekAndFind

Via Mediaite. In case you're keeping score, here's where the Democratic brain trust is on tax cuts. The White House wants them extended for those making less than $250,000 per year; Nancy Pelosi wants them extended for those making less than $1 million per year (yes, even Pelosi is more concerned about small businesses than O is); and now O's Democratic predecessor is calling for a new temporary across-the-board extension to maximize the country’s chances at growth.

No wonder Team Romney has a Clinton fan page up on their site. Good lord:

"They will probably have to put everything off until early next year," he added. "That's probably the best thing to do right now. But the Republicans don't want to do that unless he agrees to extend the tax cuts permanently, including for upper income people, and I don't think the president should do that."

However, Clinton did say that Congress would be best off agreeing, at least for the time being, to extend all the tax cuts that are set to expire at the end of the year, including the so-called Bush tax cuts named after Clinton's successor, George W. Bush…

“They’re still pretty low, the government spending levels. But I think they look high because there’s a recession,” he said. “So the taxes look lower than they really would be if we had two and half or 3 percent growth and spending is higher than it would be if we had two and a half or 3 percent growth, because there are so many people getting food stamps, so many people getting unemployment, so many people on Medicaid.”

“There’s a recession” is a soundbite that’s going to make many a Romney ad-man very, very happy. Even so, I agree with National Journal that, in his own way, Clinton’s actually helping Obama out by backing a full extension of the cuts. If The One’s lucky enough to win in the fall, he’s almost certainly going to have to bite the bullet next year and agree to another extension, not only as a condition of compromise with the GOP but in order to keep as much capital available to the economy for a recovery as possible. Clinton’s making that easier for him by lending his imprimatur to the compromise. NJ:

[I]f the last three months of tepid job growth are not an aberration, but a sign the economy is heading toward contraction, then extending the tax cuts may be the only strategy that the two parties can agree on as a means of economic stimulus.

If so, then Clinton was doing what House Minority Leader Nancy Pelosi did recently when she redefined those who qualify for “middle class” tax cuts as Americans making up to $999,999 a year.

Both Clinton and Pelosi are signaling to the voters that the Democrats, at least, are not going to hold American families hostage to party shibboleths.

Clinton and Pelosi are also sending signals to their party’s liberal base. Grand bargains require compromise. Obama will find it easier to sell a deal if the party’s other leaders have plowed the ground for him.

Yep. Now all we need is an explanation for the rhetorical groin-punch of calling this a “recession” and we’ll be all set. Exit question: Was this soundbite from last night’s fundraiser an intentional dig at Obama or not? Nothing’s innocent when it comes to Clinton, I guess.

CLICK ABOVE LINK FOR THE VIDEO



TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: billclinton; bush; bushtaxcuts; pelosi; recession; taxcuts; taxes

1 posted on 06/06/2012 6:11:53 AM PDT by SeekAndFind
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To: SeekAndFind

clintin... looking at him on TV is pitiful. He needs that attention so very badly. He has to be in front of the camera and he never stops looking at the camera and loving it. What a ham. Phony. Makes me laugh


2 posted on 06/06/2012 6:15:04 AM PDT by cubreporter
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To: SeekAndFind

clintin... looking at him on TV is pitiful. He needs that attention so very badly. He has to be in front of the camera and he never stops looking at the camera and loving it. What a ham. Phony. Makes me laugh


3 posted on 06/06/2012 6:15:04 AM PDT by cubreporter
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To: SeekAndFind

these dweebs like Clinton, who send guys like obama to fetch their coffee, never held a job in the private sector much less ran a business and they really think businesses are going to be impressed by “temporary tax cuts”?

obamacare (or maybe romneycare) remains the 800 pound gorilla in the room


4 posted on 06/06/2012 6:19:43 AM PDT by silverleaf (Funny how all the people who are for abortion are already born)
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To: cubreporter

he looks like he’s in the last 1/16 of a mile run....not good


5 posted on 06/06/2012 6:20:11 AM PDT by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: cubreporter

clintin... looking at him on TV is pitiful. He needs that attention so very badly. He has to be in front of the camera and he never stops looking at the camera and loving it. What a ham. Phony. Makes me laugh
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

I agree he is a ham but so much easier on the eyes and ears than the prezidoodle. Actually, I seldom watch or listen to either any more. They are instant channel changers.


6 posted on 06/06/2012 6:24:24 AM PDT by ruesrose (It's possible to be clueless without being blonde.)
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To: cubreporter
Imagine this needy narcissist with his cold ruthless but incompetent marxist wife as president ... (but no Newt Gingrich to hold his feet to the fire on budgeting)

better hide the WH china - there’d be some screaming battles over face time in front of the cameras

imagine which of the Clintons would have the better looking girl friends?

imagine that many democrats and “moderates” (wishy washy idiots) think the Clintons are heroes because they are better than obama

7 posted on 06/06/2012 6:25:23 AM PDT by silverleaf (Funny how all the people who are for abortion are already born)
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To: ruesrose

same here.


8 posted on 06/06/2012 6:40:16 AM PDT by brivette
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To: SeekAndFind

Amazing how Slick Willie’s attitude towards the rich has changed since he became one of them!


9 posted on 06/06/2012 6:48:29 AM PDT by JimRed (Excising a cancer before it kills us waters the Tree of Liberty! TERM LIMITS, NOW AND FOREVER!)
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To: SeekAndFind

Another little reminder as to why you never want to cross the Clintons.

Bill will spend all his time till his last waking breath seeking opportunities to shove a knife in your back.


10 posted on 06/06/2012 6:50:50 AM PDT by Buckeye McFrog
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To: SeekAndFind

Both Clinton and Pelosi are stinking-filthy-rich, of course.


11 posted on 06/06/2012 7:11:46 AM PDT by rhoda_penmark
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To: SeekAndFind

Both Clinton and Pelosi are stinking-filthy-rich, of course.


12 posted on 06/06/2012 7:12:00 AM PDT by rhoda_penmark
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To: SeekAndFind
Clinton's being a traitor to his party - stabbing his own President in the back... helps our side, but who on earth would ever trust Clinton again?

Popcorn?

13 posted on 06/06/2012 7:51:27 AM PDT by GOPJ ( "A Dog In Every Pot" - freeper ETL)
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To: cubreporter
RE: clintin... looking at him on TV is pitiful. He needs that attention so very badly. He has to be in front of the camera and he never stops looking at the camera and loving it. What a ham. Phony. Makes me laugh

Is it just me or has Billy been looking a little worried lately? WHO warns of gonorrhea's growing drug resistance


14 posted on 06/06/2012 7:59:05 AM PDT by Perseverando (Keywords: So we can find a really great article a couple of months from now.)
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To: GOPJ

Is it just me or is Omoron and his friends saying and doing things to not get themselves elected again....I could be wrong but if you look at the statements Biden and Omoron and Clinton have been spouting lately it’s almost like they want our guy to win...


15 posted on 06/06/2012 8:15:01 AM PDT by oust the louse (Hey Axelrod, if Obama is the black jesus, I am Sparticus.)
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To: oust the louse
Clinton's a back stabber, Biden's a mush brain and Obama's trying to get re-elected. The phrase about there being no honor among thieves comes to mind...
16 posted on 06/06/2012 8:23:49 AM PDT by GOPJ ( "A Dog In Every Pot" - freeper ETL)
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To: Perseverando

don’t know anything about that but... I think he is looking downright stupid. how clingy he is to the camera. Sad pitiful little man


17 posted on 06/06/2012 9:00:40 PM PDT by cubreporter
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To: SeekAndFind

Bad reporting, I heard Clinton said to extend the tax rates but NOT for the “rich”.


18 posted on 06/06/2012 9:02:55 PM PDT by Fledermaus (Democrats are dangerous and evil. Republicans are just useless and useful idiots.)
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To: Fledermaus

Also, Clinton is another idiot that argues in circles. The left destroys the economy and then whine about the stats by pointing out they have to spend more on unemployment benefits, etc.

Sorry Bill, you can’t grow the economy 3-5% a year with Dem, left wing, statist policies. You know that. You got FORCED after 1994 to realize that and proclaim “the era of big government is over”.

And you can’t have it both ways by proclaiming conservative ideas that help you “give us four out of eight budgets in surplus” while you whine about cuts.

But then I’m wasting my time pointing out Bill Clinton is a polictical hack and total piece of crap human scum.


19 posted on 06/06/2012 9:08:11 PM PDT by Fledermaus (Democrats are dangerous and evil. Republicans are just useless and useful idiots.)
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