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Bill Clinton: No president could have "magically" fixed economy in one term
cbsnews.com ^

Posted on 09/23/2012 7:55:01 AM PDT by Sub-Driver

Bill Clinton: No president could have "magically" fixed economy in one term

By Leigh Ann Caldwell

Last Updated 10:12 a.m. ET (CBS News) Former President Bill Clinton offered a strong defense for President Obama's re-election Sunday morning, arguing that no president could have "fully healed" the economy in four years.

"That's why we've got to keep working at it," Mr. Clinton said on "Face the Nation."

The president's efforts, Mr. Clinton argued, have reversed the downward spiral of losing up to 800,000 jobs per month. "His jobs record is better" than the Bush administration's, he said, adding that no president could have "magically" returned the country back to full employment in just one term.

The former president, who is hosting his annual Clinton Global Initiative conference beginning Sunday, said that the Republicans "militant anti-government" approach will not benefit the economy.

There is "no evidence" that Mitt Romney's "militant anti-government approach will work," Mr. Clinton said. He added that President Obama's "balanced" economic proposal of investment, revenue increases and a spending reduction plan is "more likely to produce broad-based prosperity than Romney's."

Mr. Clinton weighed in on the debate over Romney's taxes, saying the latest release of his tax returns don't tell the entire story.

"It'd be interesting to see how the ordinary income years were treated," Mr. Clinton said. "We're not going to be able to see that."

(Excerpt) Read more at cbsnews.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: billclinton; bushsfault; classwarfare; clinton; excuses; militant; obama; recovery; romneytaxes
So that's the narrative? He needs another term?

MORE FAIL.

1 posted on 09/23/2012 7:55:03 AM PDT by Sub-Driver
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To: Sub-Driver

Reagan did it in three years. That with a Democrat Congress too.


2 posted on 09/23/2012 7:57:38 AM PDT by Forward the Light Brigade (Into the Jaws of H*ll)
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To: Sub-Driver

Well we certainly know that the Magic Negro hasn’t done anything to fix it.


3 posted on 09/23/2012 7:58:47 AM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: Sub-Driver
"Bill Clinton: No president could have "magically" fixed economy in one term"

No, a mere president cant. But a leader can.




4 posted on 09/23/2012 7:59:29 AM PDT by VanDeKoik
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To: VanDeKoik

And silly me, I thought the economy was fixed?


5 posted on 09/23/2012 8:01:01 AM PDT by VanDeKoik
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To: Forward the Light Brigade

Bush did it in 4 years, too.

It was the switch of Congress to the Democrats in 2007 that torpedoed his second term.


6 posted on 09/23/2012 8:02:16 AM PDT by justlurking (The only remedy for a bad guy with a gun is a good WOMAN (Sgt. Kimberly Munley) with a gun)
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To: Sub-Driver

Obama attends 2008 Financial Crisis meeting, contributed nothing, and once again proved he was the least knowledgeable and least experienced person in the room. And once again, appeared "small", like the picture in the situation room when "he killed" UBL.
7 posted on 09/23/2012 8:03:11 AM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: Sub-Driver
"more likely to produce broad-based prosperity than Romney's"

"Broad-based, is code for MORE PUBLIC-DOLE-DEPENDENT idiots, either by handouts to minorities to keep them from rioting, payoffs to Unions ESPECIALLY in the Public Sector, where they rape taxpayers CONTINUOUSLY via their PLANTED cronies with a (D) by their name.

ALL our debt issues can be solved IMMEDIATELY by cutting ALL Welfare, Union-Subsidies via handouts to States to keep UNION public employees from getting pay cuts, benefit cuts, or better yet, MERIT-BASED NON-SENIORITY-Based pay/benefits, etc.

Until we cut the head of the snake that is Public Employees who suck the taxpayers dry and when there isn't enough Taxpayer money to buy the votes, they've been BORROWING IT, like they did for the UAW, SEIU, AFT, AFSCME, and National Teachers' Unions.

8 posted on 09/23/2012 8:03:21 AM PDT by traditional1 (Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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To: Forward the Light Brigade

I remember well the horrible feeling I had on election day 1976 when Carter was elected, the misery he created, the true hope I felt when we elected Reagan and then, finally, the wonderful Reagan years and the decade that followed. That was the era we had real pride in our country, its leadership, and what we could accomplish. I hope those days return.


9 posted on 09/23/2012 8:05:07 AM PDT by ProtectOurFreedom
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To: Sub-Driver

Reagan fixed a much worse situation in less time. We had much higher unemployment, more stagnant GDP, an energy crisis and sky high interest rates. It was a deep, long term situation.

Obama entered after a sharp collapse, but is should have had a rapid V-shaped recovery. Unemployment was 7.8 in the month he took office, and has never returned to that number. Things are worse than when he took the reigns. Line up month one numbers for Obama with the current numbers, and line up Reagan month one and after 3.75 years, and there is no comparison.

Obama ran that he could solve the problems, and he hasn’t any problem we had in 2008 is worse in several orders of magnitude. Debt, unemployment, size of the economy ,etc.


10 posted on 09/23/2012 8:05:38 AM PDT by ilgipper
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To: Sub-Driver
Apparently....
X42 hasn't finished degrading the oval office...
He's still a lyin' sack...

***************

42_Advocate6

11 posted on 09/23/2012 8:05:38 AM PDT by Wings-n-Wind (The main things are the plain things!)
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To: Sub-Driver
CBS was known in the 90s as the Clinton Butt Sex network...

...they still carry a torch.

12 posted on 09/23/2012 8:08:11 AM PDT by Happy Rain (Mitt four then Sarah eight.)
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To: Sub-Driver

The lying Marxist campaigned all throughout 2008 on how bad things were, on how miserable the economy was. He promised he’d have things turned around in 3 years.

If he’s too stupid or ignorant to realize the actual state of the economy (then and now) then he’s unqualified for the position he holds and is undeserving of a 2nd term.

It’s akin to me watching movies about ocean transport and believing I can safely dock a cargo ship, then asking for a second chance when I take out a dock and dump the cargo into the harbor on my first attempt. There’s a reason why Hillary said that the presidency is not a place to get on-the-job training.

FUBO!


13 posted on 09/23/2012 8:09:02 AM PDT by Two Kids' Dad
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To: SERKIT

I was looking for the empty chair


14 posted on 09/23/2012 8:12:54 AM PDT by gusopol3
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To: Sub-Driver

Obama can’t. But then he doesn’t really want to. The release of the Gitmo murderers tells me he is out to destroy the US..


15 posted on 09/23/2012 8:17:02 AM PDT by cardinal4 (RageBoy for DNC Chair!)
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To: gusopol3
I was looking for the empty chair.

At least there is proof he was in the discussions, and cannot deny he "knew nothing" as to how bad the crisis was, unless he knew all about it by way of Soros et al and looked the other way. This pic was from a foreign press article. I cannot find much about his activities with Bush in the Fall of 2008 from American sources, but maybe I did not look hard enough.

16 posted on 09/23/2012 8:17:48 AM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: Sub-Driver

Yeah....and I thought NO President could destroy us in one term, either.....FU BC


17 posted on 09/23/2012 8:20:58 AM PDT by goodnesswins (What has happened to America?)
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To: Sub-Driver
No president could have "magically" fixed economy in one term

And no one but Obama could have made it worse.


18 posted on 09/23/2012 8:21:13 AM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: justlurking

>>>Bush did it in 4 years, too.

It was the switch of Congress to the Democrats in 2007 that torpedoed his second term.>>>

Correct! And it was Fannie Mae and Freddy Mac (BOTH DEMOCRAT PROGRAMS) which caused the housing failure and led to the massive debt. Bush tried 14 times to get oversight on those two programs, but was denied by a Democrat Congress every time.


19 posted on 09/23/2012 8:21:29 AM PDT by kitkat
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To: Wings-n-Wind

Can’t wait for Monica’s book to hit the shelves. Remind the world what a degenerate, disgraceful abuser of women he is


20 posted on 09/23/2012 8:24:37 AM PDT by jersey117
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To: Sub-Driver
Presidents and members of Congress get out of the way in order to fix economies, not micro-manage individuals. Minor exceptions would be the Servicemen’s Readjustment Act/GI Bill of Rights post WWII but even then, regulations were curbed and many programs only temporary until wise decisions were made by individuals in the private sector who fought their tail off in WWII.
21 posted on 09/23/2012 8:40:48 AM PDT by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: Sub-Driver

I’ll bet if you got out the blowtorch, The Slickster would admit that he thinks Obama is the dumbest b.....d he’s ever seen. I sincerely doubt Clinton believes Obama is the least bit capable. He’s lying to protect the Clinton ahem good name in Dem circles.


22 posted on 09/23/2012 8:42:09 AM PDT by driftless2
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To: Sub-Driver

This is Obama’s excuse. This is all Mitt Romney needs to say “Well, you’re going in the wrong direction and making things worst, and you don’t seem to get it.”
More debt and higher taxes are not going to solve anything.


23 posted on 09/23/2012 8:50:06 AM PDT by snarkytart
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To: unixfox

“The One” has been graded on a curve his entire life and they want him to be graded on a curve again.


24 posted on 09/23/2012 8:57:10 AM PDT by AlphaOneAlpha
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To: Sub-Driver

Hmm. But anyone else could have made it better and not so much worse.


25 posted on 09/23/2012 9:08:49 AM PDT by vpintheak (Occupy your Brain!)
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To: Sub-Driver

“...no president could have ‘fully healed’ the economy in four years...”

This coming from a guy who watched Obama campaign as “The Messiah”? The earth would heal, the oceans would stop rising, he would pay off half the deficit. You know, the guy who thought he could work miracles?

Democrats are unbelievably deluded and hypocritical.


26 posted on 09/23/2012 9:09:56 AM PDT by DennisR (Look around - God gives countless, indisputable clues that He does, indeed, exist.)
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To: VanDeKoik

Silent Cal and Reagan.

Good call!


27 posted on 09/23/2012 9:11:12 AM PDT by <1/1,000,000th%
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To: Sub-Driver

Reagan did it


28 posted on 09/23/2012 9:34:58 AM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Sub-Driver
Bill Clinton: No president could have "magically" fixed economy in one term

Once again Bill Clinton proves he has no clue about reality.

Reality? Here's reality:

It was Obama who said, "If I don't have this done in three years, then there's going to be a one term proposition."

That's a promise we need to make sure he keeps.

29 posted on 09/23/2012 9:35:10 AM PDT by upchuck (If nobama is reelected and gets to choose more SCOTUS judges, this country is finished.)
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To: Sub-Driver

That’s fine to claim it takes more than 4 years now, but that’s not what we were told when Obama was elected. Even he promised a turnaround or it would be a “one-term proposition.” Unemployment hasn’t improved. The national debt has skyrocketed. There are more people on food stamps now than ever before. The Federal Reserve is funding the bulk of this as not many people want to buy our debt anymore.

I am still in shock that he could be elected in the first place. The fact that enough people looked at Obama and McCain, and thought Obama would be better is something far worse than Obama himself.


30 posted on 09/23/2012 9:37:02 AM PDT by TheGipperWasRight
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To: Sub-Driver
Hey, Bill! How's that Monica thing working out for ya?
31 posted on 09/23/2012 9:43:04 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: Sub-Driver

32 posted on 09/23/2012 9:43:30 AM PDT by tumblindice (America's founding fathers: all armed conservatives)
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To: Sub-Driver

“I’ve got four years,” the new president told Lauer then. “A year from now I think people are going to see that we’re starting to make some progress, but there’s going to be some pain out there. If I don’t have this done in three years, than this is going to be a one-term proposition.”


33 posted on 09/23/2012 9:52:32 AM PDT by onedoug
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To: unixfox

Maybe Clinton was taking a shot at Obama. Who was it that said Obama was “magic”?


34 posted on 09/23/2012 9:52:40 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Sub-Driver
But promising that you can will get you elected... as Obama did. A politician's promise and lies and Obama is no different. So much for Hope and Change.
35 posted on 09/23/2012 9:58:20 AM PDT by dhs12345
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To: blueunicorn6

http://tvtropes.org/pmwiki/pmwiki.php/Main/MagicalNegro

If Romney had said this, the MSM would be all over him.


36 posted on 09/23/2012 10:01:29 AM PDT by tumblindice (America's founding fathers: all armed conservatives)
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To: VanDeKoik
Ya. “Debt? What debt?” Is the answer when Democrats are asked along with a deer in the headlights look. Amusing and tragic at the same time.

Of course, their sound bite answer is: “tax the rich. That’ll fix the problem.”

37 posted on 09/23/2012 10:02:10 AM PDT by dhs12345
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To: Sub-Driver

Now the bent one tells us...


38 posted on 09/23/2012 10:06:58 AM PDT by GRRRRR (He'll NEVER be my President, FUBO! Treason is the Reason! Impeach the Kenyan)
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To: Sub-Driver

Slick Willy you blue dress masturbator - here’s the way I remember it:

The market fell 1500 points just after obama’s election. I was able to recoup 16% through December in my portfolio.

Then the attacks began.

First came the banks. In January Obama’s incoming administration officials were talking nationalization. Bank stocks collapsed.

Then came the energy companies. Obama himself started chastise the oil companies, appeasing the green companies (little did we know where our money was going). Oil company stocks collapsed.

Then came the healthcare companies. Obamacare front and center by mid-February. Healthcare and pharmaceuticals stocks collapsed.

What went up in the wake of his election? Government debt of course. How coincidental.


39 posted on 09/23/2012 10:29:04 AM PDT by gotribe (WTF?)
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To: Sub-Driver

Ronald Reagan did!!!


40 posted on 09/23/2012 10:37:35 AM PDT by maxwellsmart_agent
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To: maxwellsmart_agent; Sub-Driver
Ronald Reagan did!!!

He did, but it took a couple of hard years (and bad polls) before his efforts bore fruit. Romney will have at least as much trouble as Reagan did.

41 posted on 09/23/2012 10:41:16 AM PDT by thecodont
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To: Sub-Driver
"It'd be interesting to see how the ordinary income years were treated," Mr. Clinton said. "We're not going to be able to see that."

And you would not, even if he released 10 years of tax returns and you know it. Romney didn't take a normal salary as governor as head of the Olympics.

What would he be interested in? Seriously!

42 posted on 09/23/2012 12:18:38 PM PDT by newzjunkey (Osama's dead... and so is our ambassador - Coulter.)
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To: All; Sub-Driver
The former president, who is hosting his annual Clinton Global Initiative conference beginning Sunday, said that the Republicans "militant anti-government" approach will not benefit the economy.

There is "no evidence" that Mitt Romney's "militant anti-government approach will work," Mr. Clinton said.

Notice the repetition from CBS to ensure the propaganda line sinks in: Romney is MILITANT and ANTI.

43 posted on 09/23/2012 12:26:12 PM PDT by newzjunkey (Osama's dead... and so is our ambassador - Coulter.)
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To: maxwellsmart_agent; All
Reagan did do it but you have to be 40 and up to really remember what it was like under Carter.

To a generation Clinton is a genius, an economic miracle worker. He's telling them "no one could fix this" and there's no one around of similar stature to defend Reagan's record. The Bush's can't; they're brand is tainted and Reagan's passed on.

The press could offer counterpoint to Clinton but obviously won't. They love Obama. They love Clinton. It's only their job to "fact check and "challenge" Republicans.

The education establishment is in the tank for the Democrats; liberal teachers have no motive to show what Reagan accomplished.

Republicans and Conservatives have been killed themselves by not learning from the Jews. As Michael Medved put it, the reason Jews work hard to get into certain positions is for preservation. No Republican in the classroom? How will students know what a Republican is like? They'll believe the media and the liberals that formed their worldview.

Homosexuals know this which is why they made an effort to be highly visible.

Freepers need to encourage their conservative children and grandchildren to get into education, to go into media jobs.

44 posted on 09/23/2012 12:36:56 PM PDT by newzjunkey (Osama's dead... and so is our ambassador - Coulter.)
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To: newzjunkey

they’re = their


45 posted on 09/23/2012 12:38:40 PM PDT by newzjunkey (Osama's dead... and so is our ambassador - Coulter.)
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To: Sub-Driver
Former President Bill Clinton offered a strong defense for President Obama's re-election Sunday morning, arguing that no president could have "fully healed" the economy in four years.

Two words, Slickmeister.

Ronald. Reagan.

46 posted on 09/23/2012 12:41:12 PM PDT by Colonel_Flagg (Conservatism is not a matter of convenience.)
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To: justlurking

Bush did it in 4 years, too.

It was the switch of Congress to the Democrats in 2007 that torpedoed his second term.

Unfortunately, not true. Bush’s second term was undone by the inevitable popping of the unprecedented housing bubble of his first term. He shared responsibility for that bubble - he and Rove - due to their policy of marketing home loans to poor people who couldn’t pay them. Unless we admit that Bush was a liberal, and his liberal policies ran us into the ditch, we’ll never be able to market conservatism to the American people. Obama is blaming Bush - but he won’t admit that Bush’s policies were liberal like Obama’s. We have to drive that home, or we have no honest way to answer Obama.


47 posted on 09/23/2012 3:05:58 PM PDT by WilliamIII
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