Bill Clinton: GOP adopts European policies

Discussion in 'Politics' started by Political Junky, Jun 5, 2012.

  1. Political Junky
    Online

    Political Junky Gold Member

    Joined:
    May 27, 2009
    Messages:
    21,738
    Thanks Received:
    3,292
    Trophy Points:
    280
    Ratings:
    +7,082
    NEW YORK, June 4 (UPI) -- Former U.S. President Bill Clinton said Monday the Republican Party and presumptive presidential nominee Mitt Romney "have adopted Europe's economic policies."

    Speaking in New York at a fundraiser for the re-election campaign of President Barack Obama, Clinton said the Republican plan for the U.S. economy is "austerity and unemployment now, and then a long- term budget that would explode the debt when the economy recovers so the interest rates would be so high, nobody would be able to do anything."

    "The Republican Congress and their nominee for president, Governor Romney, have adopted Europe's economic policies," Clinton said at the home of Avenue Capital Group founder Marc Lasry.

    He said Obama's economic policy is "job growth now, and long-term budget restraint." Clinton accused Republicans of engaging in politics of "constant conflict" and said GOP economic policies are "crazy."

    Read more: B. Clinton: GOP adopts European policies - UPI.com
     
  2. Political Junky
    Online

    Political Junky Gold Member

    Joined:
    May 27, 2009
    Messages:
    21,738
    Thanks Received:
    3,292
    Trophy Points:
    280
    Ratings:
    +7,082
    Bill Clinton Criticizes Austerity Measures In U.S., Europe

    BEVERLY HILLS, Calif.--U.S. and European politicians are squabbling over austerity measures to resolve deep-seated economic problems, but instead need to set aside entrenched views and take a longer-term approach to find real solutions, former President Bill Clinton told a financial conference.

    In Europe, the key to battling its economic malaise is in taking the long view: promoting growth instead of a current plan to pare debt by cutting spending and raising taxes, Clinton told the Milken Institute Global Conference.

    "The prescription of austerity continues to be pushed in the face of evidence that it won't work," said the president who held office before George W. Bush and Barack Obama. He called on leaders in both Europe and the United States to work on a strategy "of what would work in a five-year period, a 10-year period, instead of three or six months."
    <more>
     
  3. ladyliberal
    Offline

    ladyliberal Progressive Princess

    Joined:
    Aug 5, 2011
    Messages:
    1,253
    Thanks Received:
    291
    Trophy Points:
    48
    Ratings:
    +291
    It's true that the GOP and certain European nations are both pushing austerity measures. Still, just what amount of spending constitutes austerity varies quite a bit from nation to nation. The UK for instance has much higher public sector spending post-austerity than the US has without a sustained austerity drive (at least at the federal level) (Government spending - Wikipedia, the free encyclopedia)
     
  4. SniperFire
    Offline

    SniperFire Senior Member

    Joined:
    Feb 28, 2012
    Messages:
    13,627
    Thanks Received:
    1,219
    Trophy Points:
    48
    Location:
    Inside Your Head
    Ratings:
    +1,225
    You morons had your chance.

    America has suffered under Pelosi-Reid-Obama for 6 long and destructive years.

    See you in about a decade.
     
  5. Luddly Neddite
    Offline

    Luddly Neddite Diamond Member

    Joined:
    Sep 14, 2011
    Messages:
    57,790
    Thanks Received:
    8,965
    Trophy Points:
    2,040
    Ratings:
    +23,990
    Glad to hear this being said out loud. Maybe the dumb ass rw's will finally GET IT.

    But, gotta say, I doubt it.

    Its pretty cerebral for the R to understand.
     
  6. Avatar4321
    Offline

    Avatar4321 Diamond Member Gold Supporting Member

    Joined:
    Feb 22, 2004
    Messages:
    73,207
    Thanks Received:
    8,628
    Trophy Points:
    2,070
    Location:
    Minnesota
    Ratings:
    +14,641
    He's off. GOP wants to cut taxes and cut spending. European nations have been increasing taxes and cutting spending. There is a difference.
     
  7. Mad Scientist
    Offline

    Mad Scientist Feels Good! Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    24,184
    Thanks Received:
    5,261
    Trophy Points:
    270
    Ratings:
    +8,137
    European Policies: European Union under Central Banker Tyranny. Am I the only one seeing them implode right now? F*ck that!

    William Jefferson "Blythe" Clinton is a P.O.S.
     
  8. Avatar4321
    Offline

    Avatar4321 Diamond Member Gold Supporting Member

    Joined:
    Feb 22, 2004
    Messages:
    73,207
    Thanks Received:
    8,628
    Trophy Points:
    2,070
    Location:
    Minnesota
    Ratings:
    +14,641
    Worked well when we faced the 1920 Depression.

    It's amazing how increasing the tax base by lowering taxes and thus ensuring more people will simply pay them instead of attempt to move their money elsewhere increases revenues and jumpstarts the economies. Cutting spending does the same.

    Should we succeed in doing so we will make our dollars worth more and pay off our debt in no time.
     
  9. TruthSeeker56
    Offline

    TruthSeeker56 Silver Member

    Joined:
    Jul 19, 2011
    Messages:
    2,899
    Thanks Received:
    484
    Trophy Points:
    98
    Location:
    New Hampshire
    Ratings:
    +503
    Sounds to me like ol' Slick Willie is really grumpy.

    Nothing that a good ol' fashioned blow job or sexual assault can't take care of.
     

Share This Page