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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
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