August 23, 2012

Umm... Who (and What Policies) Got Us into This Mess?

Justin Katz

I've had the extreme good fortune to shift careers to one that allows me time to create and stare at charts. (Sadly, yes, that's a literal description of some of my afternoons, as well as my feelings about those afternoons.)  So it's with an especially strong "What!?" that I watched this video, via Ann Althouse, via Glenn Reynolds:



To save time for those who don't want to watch a political ad, the important point is that former President Bill Clinton argues for a second term for President Obama on the grounds that Republicans want to return to an era of deregulation — which, he claims, is "what got us into trouble in the first place."  This, he contrasts with the Obama's plan, which "only works if there's a strong middle class."  "That's what happened when I was president."

Let me first say that deregulation did play a role in our current predicament, but it wasn't deregulation alone.  It was deregulation with a de facto government backing when risky ventures went wrong.

Continue reading on the Ocean State Current...

Comments, although monitored, are not necessarily representative of the views Anchor Rising's contributors or approved by them. We reserve the right to delete or modify comments for any reason.

Always good to listen to the 2nd biggest liar in the world. Amazing how he and Hussein (#1) became president. Bubba's always convenient lack of memory has served him well. He forgot about Juanita Broaddrick the woman he raped (that damn Aiken talked about rape), forgot about the word "is", forgot he was dragged kicking and screaming to welfare reform, forgot he helped cause the 2008 financial crisis,forgot he was married,forgot he was disbarred,forgot he pardoned felons,forgot he sold rooms at the Bed and White House. The guy gets better with age...... at lying.

Posted by: ANTHONY at August 23, 2012 11:24 PM
Post a comment

Remember personal info?

Important note: The text "http:" cannot appear anywhere in your comment.