Posted on

President Obama, Clinton Prosperity Requires Clinton-Sized Government

President Obama, Clinton Prosperity Requires Clinton-Sized Government

There is a way for Congressional Republicans to reach an accord with Democrats that would enable the nation to avoid falling off “the fiscal cliff” into a searing recession.

Obama Democrats argue that the President only wants to restore the top rates that reigned during the Clinton presidency, which was a prosperous time. We should say: Absolutely, let’s do it. But in order to achieve a Clinton economy, you also must enact the other Clinton policies critical to the prosperity of those years: They include:

The oppressive  ObamaCare of that time was HillaryCare, which was never enacted. If we want to re-create the Clinton economy, then we have to repeal ObamaCare. Are Democrats willing to do that?

The federal-regulation regime was also much easier then than it is now. Will the White House become serious about genuine deregulation?

II. Clinton-era Federal Spending Levels

Federal spending as a proportion of the economy was smaller in those days. That would mean budget cuts now of around $500 billion – not spread over ten years, but right now. How likely is that?

https://www.forbes.com/sites/steveforbes/2012/11/20/president-obama-clinton-prosperity-requires-clinton-sized-government/

One thought on “President Obama, Clinton Prosperity Requires Clinton-Sized Government

  1. I pics of Bill trying to look pensive.

    Give that man a cigar !

Leave a Reply

Your email address will not be published.