Presidency of Bill Clinton

It’s a Weekday, So It’s Time for Another Misleading Edit of an Obama Quote

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Finally, someone in the media speaks out about the Romney camp’s disgusting deceptions…

Dave Weigel – Salon – July 26, 2012

At this point, getting video clips of President Obama from Republican campaigns is like getting an article pitch from Jayson Blair. It might tell a good story, but you need to run down the source and triple-check. Jim Geraghty points to our latest example, a rapid-response video from the RNC that clips Obama’s speech from Oakland.

Just like we’ve tried their plan, we tried our plan—and it worked. That’s the difference. That’s the choice in this election.  That’s why I’m running for a second term.

Pretty stupid! As Geraghty points out, with a smorgasboard of links, the economy is still horrible three-and-a-half years after Obama took office. But what was the rest of the quote?

I’ll cut out government spending that’s not working, that we can’t afford, but I’m also going to ask anybody making over $250,000 a year to go back to the tax rates they were paying under Bill Clinton, back when our economy created 23 million new jobs, the biggest budget surplus in history and everybody did well. Just like we’ve tried their plan, we tried our plan — and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.

What are the chances? Another radical Obama quote that’s just a clipped version of something all Democrats believe. Obama wasn’t talking, at this moment, about his own economic record. He was arguing that the economy had grown and the deficit had shrunk when marginal tax rates were higher. (Of course he doesn’t want to raise all those rates, which undercuts his point about the deficit.) This is a bog-standard part of the 2012 message. “The President also believes that the top 2% should return to Clinton-era income tax rates,” said David Plouffe this month, “when the United States created 23 million jobs and ran the biggest budget surplus in history.” Obama has tried a bunch of things, but Clinton-era tax rates on income over $250,000 is not among them.

So the truncated version of the Obama quote is insanely misleading. At best, it’ll only appear in $10.4 million or so of TV ads.

Robert Reich Explains How Mitt Romney Got Obscenely Rich

Robert Reich‘s presentations are really good.

Mr. Reich was Bill Clinton’s Secretary of Labor during the latter part of the Clinton Administration.   As Secretary of Labor,  Reich implemented the Family Medical Leave Act (FMLA) among other accomplishments.

Now…How Mitt Romney got obscenely rich…

MoveOn.Org

And it wasn’t by doing good things. Watch:

Back To The Future? The Clinton Crew Takes Over…

Huffington Post

House Democrats, who voted in caucus today to oppose the tax deal, are in essence at war with the Clinton years — with Obama in the middle.

Barack Obama swept to power promising a new day and a new way, and he brought with him a cadre of top aides forged in the fire of the presidential campaign and the politics of Chicago.

The most visible Clinton alum, Rahm Emanuel, returned to Chicago to run for mayor.

But an array of other Clinton vets has stepped up to handle the sales job on taxes on the Hill and in town. Key names include: Lawrence Summers, Gene Sperling, Ron Klain, Jack Lew and John Podesta. Austan Goolsbee, chairman of the Council of Economic Advisors, is an early Obama advisor, but he’s philosophically in tune with the economic views of the Clinton types.

Meanwhile, campaign honchos David Axelrod and Jim Messina — two Obama Originals — will soon be headed back to Chicago to lay the groundwork for the president’s 2012 campaign.

The significance of this staff shift is beyond the operational. The Clinton-era alums, by outlook and experience, represent a centrist, pragmatic, pro-business “wealth-creation” wing of the Democratic Party that flourished during the Clinton presidency in the 1990s.

For tactical and substantive reasons, Barack Obama ran for president largely ignoring the economic record of Clinton’s time. Obama, after all, was running against Sen. Hillary Clinton, and he also admired the game-changing sweep of the Reagan presidency.

But now the president finds himself in the same kind of environment that Clinton — as governor — encountered (and learned to thrive in) during his rise in the 1980s. It is one in which conservative Republicans control the terms of debate, if not all the levers of power.

It is therefore not surprising that Obama would turn to the Clintonites to sell some $800 billion worth of tax cuts to his fellow Democrats.

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