Bill Clinton: Debt is Republicans' legacy

Discussion in 'Politics' started by AK Forty Seven, Jul 7, 2011.

  1. Clinton: Debt is Republicans' legacy
    By: Darren Samuelsohn
    July 6, 2011 02:53 PM EDT

    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.
  2. Lucrum


    The same Bill Clinton that was brought up on charges of felony perjury?

    The same Bill Clinton that tried to argue it depends on what the word "is" is?

    The same Bill Clinton that, while being the most powerful man in the world, could only get a BJ from a fat girl?

    Yeah...I'm hanging on his every word.

  3. "having quadrupled the debt in 12 years before I took office and doubled it after I left."
  4. What the hell is your problem with fat girls?
  5. Lucrum


    Well...lets see...they're fat?
  6. Lucrum


    You'd think being a former POTUS slick willie would know that congress appropriates most spending, the POTUS just signs or veto's
  7. What is this sh1t? A girl's gotta bit of meat on her bones and she ain't good enough for ya :)? What, you into 'em models an' stuff?
  8. AK- has the debt gone backwards since Obama took office?

    Obama is a democrat, right?
  9. Max E.

    Max E.

    Bill Clinton saying debt is the republicans legacy is pretty funny seeing as how they did the exact same thing to clinton, that they are doing to Obama and forced him to balance the budget.
  10. Lucrum


    "meat" = muscle

    fat = fat
    #10     Jul 7, 2011