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Will Bill Talk About How He Carved His Legacy? REAGANOMICS
The great Clinton economy began when he embraced the essence of Reaganomics: tax cuts, spending restraint, welfare reform, free trade and the end of his own budget-crushing entitlement program, universal health care.
Clinton’s most significant achievement was a huge but unpopular tax rate increase that Obama seems determined to duplicate. So unappealing was his record, the Republicans swept both houses of Congress in November for the first time in four decades.
Newt Gingrich, the political warrior who led the GOP comeback, was enthroned as House Speaker, poised to push through his Reaganite Contract with America. Clinton’s first term was in shambles and it was only half over.
A panicky president, consulting Dick Morris, then decided to steal from the Reagan
playbook, though neither Clinton nor Morris has ever given the iconic GOP president the credit he deserves. Slowly but surely Clinton began tacking to the right, (though he had embraced one Republican idea earlier, the NAFTA free trade pact). Beginning in 1995 he deep-sixed HillaryCare for good, then hinted he would work with Republicans on a decent balanced budget proposal. In an October 17 fundraiser in Houston, he signaled tax cuts were very much in play: “I think,” he conceded, “I raised them [taxes] too much.”
“Era of big government over”
Bad Brad
September 5th, 2012
“Clinton’s most significant achievement was a huge but unpopular tax rate increase that Obama seems determined to duplicate.”
I disagree. his biggest achievement was Most Favored Trading Pardner status with the Chicoms. That continues to be one of the biggest reasons our economy is in the tank. And they talk about Romney out sourcing. Ha.
Unslung Hero
September 5th, 2012
Clinton was in Cleveland in January 1995 and stated that he thought he had lost Congress because of his gun control “assault weapons” ban. I wrote a letter to the Cleveland “Plain Dealer’ newspaper and said “don’t forget it”!! They published it two days in a row. We need to remind them in NOVEMBER!!!
Bob M.
September 5th, 2012
If they want to hear about the… ‘KLIN – TON I’… economy, they should’ve invited Newt Gingrich to talk about it!
Unruly Refugee
September 5th, 2012
I suppose the whole democratic party is made up of people who cannot stand each other, like Bill and Bammy. I don’t think Clinton hates America like Hussein does, but they are on the same side and their party policies can only benefit our enemies.
AbigailAdams
September 5th, 2012
If there was ever a pol who understood the “hearts” part of “hearts and minds” it would be Bill “I feel your pain” Clinton. He knows his audience, especially a bunch of over-wrought liberals jonesin for free contraceptives and kinky convention sex to go with it. Whatever the content of his speech, he’ll win some kind of D award for its delivery.
Anonymous
September 6th, 2012
Strange, he quoted the man who is “where he should be today”, last night.