Thursday, December 24, 2015

What Is The Clinton Economic Legacy ???

During one of Hillary Clinton’s preparation sessions for the first Democratic debate, held in Las Vegas in October, former President Bill Clinton urged her to remind voters how well the economy has performed under Democratic administrations, including his own.

He recalled one of his favorite refrains as a candidate — “If you want to live like a Republican, vote like a Democrat” — and suggested Mrs. Clinton find a snappy line of her own, according to two people with direct knowledge of the conversation.

She did. “The economy does better when you have a Democrat in the White House,” Mrs. Clinton said in her opening statement in the Oct. 13 debate.

And that pithy argument has since become the core of her economic message. Leaning heavily on her husband’s record of lifting wages and creating jobs, Mrs. Clinton is at the same time castigating Republicans for embracing policies that she says led to the economic downturns that Mr. Clinton and President Obama inherited.

You can read the rest of this delusion @
http://mobile.nytimes.com/2015/12/23/us/politics/hillary-clinton-embraces-bill-clintons-economic-legacy.html

Here are some facts to balance any claims Hillary may choose to make during her candidacy:

1. During the Presidency of Bill Clinton, Hillary was a housewife and part time lawyer who did nothing to help the US economy. Nothing. So in no way can it be her legacy.

2. The major economic "accomplishment" of the Clinton Presidency was the repeal of Glass-Steagall legislation. This was the single most destructive economic fiasco since the Great Depression.

3. Another "accomplishment" was to continue the plundering of the Social Security Trust Fund to buoy the economy. This policy is one of the chief reasons the Trust Fund soon may be bankrupt.

4. And as claimed by some, during the Clinton Presidency the gold reserves of the US were plundered and replaced with IOUs. Note that when other countries ask for their gold back, the US cannot deliver - implying that the vaults are full of mostly paper gold.

So in reality it was Dubya and Obama ad-Dajjal who inherited the mess that Bill Clinton created.

And keep in mind that both Obama ad-Dajjal and Hillary are lusting to get TPP, TTIP, and TISA passed, which while they may help Wall Street and the bankgangsters will do nothing to profit We The People.

You can take Bill's legacy and stick it where the sun don't shine.

No comments:

Post a Comment