tigerred59
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- Mar 17, 2015
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Everything Bill Clinton said Thursday to defend his 1996 welfare reform law was false.
Nothing Bill Clinton Said To Defend His Welfare Reform Is True
Clinton claimed that he left the program with plenty of money for poor people, suggested that it helped reduce black poverty and that it was only the mean, nasty Republicans from the George W. Bush era who gutted it and hurt the poor. Clinton’s distortions of economic history and his own record are so outrageous that — you will be shocked — it is difficult to believe he was being honest.
Clinton claimed that he left the program with plenty of money for poor people, suggested that it helped reduce black poverty and that it was only the mean, nasty Republicans from the George W. Bush era who gutted it and hurt the poor. Clinton’s distortions of economic history and his own record are so outrageous that — you will be shocked — it is difficult to believe he was being honest.
This is not true. Poverty dropped during the Clinton years not because of welfare reform, but because the entire American economy was being juiced by a massive stock market bubble. No credible economist even disputes this. The Clinton bubble was fueled by the aggressive financial deregulatory policies of Clinton and his Federal Reserve chairman, Alan Greenspan. When the stock market bubble burst, millions of people who previously would have received welfare fell into poverty.
I absolutely loathe Bill and I despise his wife as well. Both are nothing but politician hustlers that prey on minorities for votes.. The Clinton's were no more a friend to minorities than Trump is today. During the Obama/Hillary primary's a few years ago, he all but called Obama a nigga. Both loathe the poor, both could give a rats fuck about blacks and on their best day, could give a fuck about this country...unless it comes gift wrapped in dollar bills.
Nothing Bill Clinton Said To Defend His Welfare Reform Is True
Clinton claimed that he left the program with plenty of money for poor people, suggested that it helped reduce black poverty and that it was only the mean, nasty Republicans from the George W. Bush era who gutted it and hurt the poor. Clinton’s distortions of economic history and his own record are so outrageous that — you will be shocked — it is difficult to believe he was being honest.
Clinton claimed that he left the program with plenty of money for poor people, suggested that it helped reduce black poverty and that it was only the mean, nasty Republicans from the George W. Bush era who gutted it and hurt the poor. Clinton’s distortions of economic history and his own record are so outrageous that — you will be shocked — it is difficult to believe he was being honest.
This is not true. Poverty dropped during the Clinton years not because of welfare reform, but because the entire American economy was being juiced by a massive stock market bubble. No credible economist even disputes this. The Clinton bubble was fueled by the aggressive financial deregulatory policies of Clinton and his Federal Reserve chairman, Alan Greenspan. When the stock market bubble burst, millions of people who previously would have received welfare fell into poverty.
I absolutely loathe Bill and I despise his wife as well. Both are nothing but politician hustlers that prey on minorities for votes.. The Clinton's were no more a friend to minorities than Trump is today. During the Obama/Hillary primary's a few years ago, he all but called Obama a nigga. Both loathe the poor, both could give a rats fuck about blacks and on their best day, could give a fuck about this country...unless it comes gift wrapped in dollar bills.
