The Conservative Cave
Current Events => The DUmpster => Topic started by: SSG Snuggle Bunny on June 05, 2012, 05:08:03 PM
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FBaggins (10,163 posts)
US Already in 'Recession,' Extend Tax Cuts: Bill Clinton (???)
Last edited Tue Jun 5, 2012, 05:49 PM USA/ET - Edit history (1)
Former President Bill Clinton told CNBC Tuesday that the US economy already is in a recession and urged Congress to extend all the tax cuts due to expire at the end of the year.
In a taped interview aired on "Closing Bell," the still-popular 42nd president called the current economic conditions a "recession" and said overzealous Republican plans to cut the deficit threaten to plunge the country further into the debt abyss.
"What I think we need to do is find some way to avoid the fiscal cliff, to avoid doing anything that would contract the economy now, and then deal with what's necessary in the long term debt-reduction plans as soon as they can, which presumably would be after the election," Clinton said.
...snip...
However, Clinton did say that Congress would be best off agreeing, at least for the time being, to extend all the tax cuts that are set to expire at the end of the year, including the so-called Bush tax cuts named after Clinton's successor, George W. Bush.
http://www.cnbc.com/id/47693595
Arugula Latte (36,162 posts)
1. First the Bain comment, now this. He needs to STFU right now!
If only you had had the chance to impeach him.
1StrongBlackMan (858 posts)
2. I really don't understand ...
why Clinton would say stuff that harms the party?
Obviously the Clintons hate black people. Remember how Hillary hired Geraldine Ferraro for her campaign and Ferraro had to quit following cries of racism? You guys demanded that; we didn't.
http://www.democraticunderground.com/1002769297
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Bill isn't racist, he'd hire Obama to fetch coffee.
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Hell hath no fury like a Clinton that has had the race card played on him. 0bama heeds to get some social skills. The Clintons openly kill people that **** with them, even blacks. Just ask Ron Brown...oh wait.