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Re: Bill Clinton to the Rescue 

By: Decomposed in FFFT | Recommend this post (2)
Mon, 05 Sep 11 5:49 PM | 43 view(s)
Boardmark this board | Food For Further Thought 		Msg. 32723 of 65535
(This msg. is a reply to 32722 by clo)
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Clinton didn't ever end a recession, clo. Good thing he didn't need to - because he wouldn't have known how. He inherited an economy just emerged from recession, and left an economy just going into recession.

Reagan inherited (from Carter) a nasty economy and created a huge one. Bush 1 inherited a strong economy, let it slip into recession, but took the correct steps to build the gigantic economy Clinton was able enjoy and eventually ruin. GWB took that mess, managed to pull us out of it for a time but couldn't hang on.

Obama, of course, took a bad situation and made it worse.

The bottom line? Democrats have not had any answers for large recessions in a long, LONG time. I'm not sure, but you might have to go back to the Great Depression - when FDR managed to keep the depression going for almost 16 years.




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The above is a reply to the following message:
Bill Clinton to the Rescue
By: clo in FFFT
Mon, 05 Sep 11 5:35 PM 		Msg. 32722 of 65535

Clinton is the man Obama needs to emulate, it's the ECONOMY STUPID!
In part, the most important part IMO. clo

But perhaps the biggest advice President Obama can take from Bubba is a hallmark of Bill Clinton’s presidency—a laser-like focus on rebuilding the great American middle class.

The forgotten middle class has been getting squeezed on both sides for more than a decade. Its strength reflects the strength of America directly. When it feels optimistic about the future, America is more confident. And not incidentally, the middle class determines who wins elections in America. Its members are the people who will most benefit from intelligent government action that incentivizes private-sector investment. That’s not big government, it’s smart government.

Bill Clinton always spoke directly to the hopes and concerns of middle-class Americans—he was their champion in their White House, one of us in the Oval Office. 
But Barack Obama did not make appeals to the middle class a core of his 2012 campaign. In his last State of the Union speech, however, he got the memo—mentioning the “middle class” 16 times by my count. In sharp contrast, during the last GOP presidential debate, no candidate mentioned the words “middle class.”

But the area where President Obama could most benefit from following Bubba’s example is in bringing a laser-like focus to rebuilding the great American middle class. 


If Barack Obama wants to take a page from Bill Clinton’s successful approach to reviving the economy, the president should take a look at his predecessor’s policies as well his politics. Bubba offered memorable slogans backed by real policy plans, expressed in terms that people at home could understand. Borrow great ideas, especially from the other side of the aisle, with full credit—that it makes it harder for the opposition to oppose. Then make them your own.
And above all, focus on the forgotten American middle class. 


These are the core ideas that can animate a high-stakes jobs speech at a time when President Obama’s economic credibility as well as his re-election prospects are at stake. The president needs more than a great speech—we are past the time for pretty words. Bold bipartisan policy solutions are the key to him regaining credibility on the economy.

http://www.thedailybeast.com/articles/2011/09/04/barack-obama-should-take-bill-clinton-s-advice-on-job-creation.html?utm_medium=email&utm_source=newsletter&utm_campaign=cheatsheet_morning&cid=newsletter%3Bemail%3Bcheatsheet_morning&utm_term=Cheat%20Sheet

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