Bill Clinton Backs Obama 2009… Breaks With Obama 2011
On Sunday Bill Clinton praised Obama’s tax the rich plan.
On Wednesday he decided he was against Obama’s tax the rich plan.
In 2009 Obama was against raising taxes during a recession.
Now he’s for raising taxes during a recession.
It’s so confusing.
Let’s face it. When it comes right down to it, democrats just want to take your money.
Business Insider reported:
Former President Bill Clinton, who on Sunday was one of the strongest supporters of President Barack Obama’s jobs bill, said his tax plan “is a little confusing.”
In an interview with the conservative website Newsmax, said raising revenues in this economy would be counter-productive.
“I personally don’t believe we ought to be raising taxes or cutting spending until we get this economy off the ground,” he said. If we cut government spending, which I normally would be very inclined to do when the deficit’s this big, with interest rates already near zero you can’t get the benefits out of it.”
Clinton said he wants the government to take steps to help underwater homeowners — who are ignored by both the Democratic and Republican jobs plans.
“I don’t think you can tax or cut taxes, I don’t think you can spend or not spend enough to get America back to a full employment economy until we flush that debt,” he said.