2011-11-06

Clinton Has Criticism For Obama



In Clinton's new book, which will be released next Tuesday, he has some criticism for Obama.
First was not raising the federal debt ceiling in the first two years of the president’s term, when Democrats still had a majority in Congress, and then failing to devise an effective national campaign message during the midterm elections of 2010. 
Clinton also suggests, obliquely, that Obama’s criticism of Wall Street has been too harsh and counterproductive.

 He also complains:
The volume is dense with criticism of Republicans; it devotes substantial attention to what Clinton describes as the GOP’s relentless “antigovernment ideology,” identified as the cause of the anemic economy, high unemployment and American inability to compete on the world stage.

Not compete with the world stage because of less government? Tell me Bill, can you please point to me where the government hasn't expanded in the last 40 years? If we've fallen behind for any reason it's not because we are without government. We do not need any more government. 
Specific suggestions in the book will sound familiar to followers of the Obama presidency. Clinton proposes letting homeowners with government-guaranteed mortgages refinance their loans at a lower interest rate, which the White House did two weeks ago. He encourages the passage of free-trade agreements with South Korea, Colombia and Panama, which Obama signed into law last month.
I understand that many home loans should never have been given in the first place but, where is the responsibility of the people that asked for the loans? They should be rewarded with lower rates because they failed to pay their bills and blamed it on the economy? I have great empathy for people losing their homes or who have lost their jobs but, it is a little frustrating when these people do not take any responsibility for their own problems. No one forced them to get a loan. 

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