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Friday, October 21, 2016

In advance of today’s publication of Back To Work: Why We Need Strong Government For A Strong Economy, Bill Clinton talked with The National Memo about his new book — a stinging rebuttal of the anti-government backlash promoted by the Tea Party movement and Congressional Republicans.

As the president who once told America that “the era of big government is over,” is he now saying that the era of defending government has now begun?

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Copyright 2011 The National Memo
  • shar

    Bill Clinton just might be the ticket out of this mess. I know how much some hate him… but he is one of the greatest minds in this country. He knows how to get things done and can move us forward….

  • Wib

    President Clinton is correct. The problem isn’t government, it’s business’ unwillingness to be required to do anything for anyone except the wealthy. Only government can protect the rest of us from the very great danger poised by unregulated business and commerce. Look back at the depredations of the late 19th century and the early 2oth century. Working people were little better than slaves in the eyes of the robber barons, and robber barons is too kind a description of those people whom today’s wealthy would like to emulate. As for getting back to work, more and tougher regulation of business and especially banking would probably help that. I would like to suggest that government decide how much money banks should hold out of the market to cover their own capital requirements and tax any excess held more than 90 days at 90 percent. I don’t think you will see a “credit crisis” if such a rule were adopted.

  • 2 Blue Water Diamond

    Based on Clinton’s intentional violation of constitutional law, in passing NAFTA, without the constitutional 2/3 Senate majority vote required for all American treaties, Clinton is DEFINITELY NOT THE ANSWER to the economic issues we face.

    When he couldn’t generate the required approval of the U.S. Senate, Clinton simply declared VICTORY, claiming NAFTA is an agreement. There is no definable difference between the words TREATY and/or AGREEMENT. They are synonymous.

    In doing so, Clinton declared his position AGAINST, the best interests of the middle class in America. NAFTA, was and remains the worst legislation ever imposed on this nation. In Chapter eleven, the Investor-to-state provision grants corporate power over national government. Most importantly, NAFTA and all subsequent trade agreements lure American business and jobs to foreign nations, due to the security provided by NAFTA, that was never before available.

    Clinton is responsible for repealing Glass-Steagall Clinton is responsible for enabling the economic growth in China, at our expense. His, wife, Hillary, current U.S. Secretary of State, joined him as the strongest of his advocates in supporting all 3 of those issues. Neither of them should be trusted to do anything but continue to work against the best interests of the United States.

    Clinton, a Rhodes scholar, is one of the most intelligent men, EVER, to occupy the White House. We should not be fooled by his amiable personality as he attempts to coax the middle class into believing he’s on their side. In supporting NAFTA, the authority over American law contained within it, and the American justice system …due to NAFTA signatories’ obligation to abide by the rulings of “international panels” with no public access and no public recourse provided, granting power over U.S. law and the U.S. Constitution is treason.

  • clarence swinney

    Reagan or Karl Rove Trained?

    Nafta bill by GHW Bush.
    I concurred on it. Thought it was good to help a poor country.
    Jesus Christ like.

    Unintended consequences.

    WIB does not recall Peso Tanking. Prior to that our Exports to Mexico exceeded our imports from mexico.

    Phil Gramn pushed Deregulation of Derivatives.

    Rubin – Summers off Wall Street convinced Clinton Nafta and Derivative were good bills. Clinton says now he would not sign them in hindsight.

    NAFTA–we have exported 350,000-800,000 jobs to Mexico. I get that range from different sources. Does WIB know that in 8 of Bush We sent 2,300,000 to Just China.

    Yes! Clinton and most surviving presidents thought trade with one billion consumers would be great. Nixon was first to give big push.
    1,000,000,000 buying our goods Wow!
    Unintended consequences. They did not predict Wall Street would ship our jobs there to get that low cost labor. No one predicted it. The bototm line was they will buy our goods as they gain in income.

  • clarence swinney

    GDP–rose from 6300 to 11,600
    NATIONAL INCOME-5,000 to 8,000 Billion–took 20 years to grow 2500B before Clinton
    JOBS CREATED–over 22 million–record by far—record 237,000 net new jobs per month. Bush followed with 31,000 lowest since Hoover.
    AVERAGE WEEKLY HOURS WORKED–never hit 35.0–hit that  mark 4 times in 80’s
    UNEMPLOYMENT–from 7.2% down down down to 3.9%
    WELFARE TO WORK—11,533,710 on federal roll in 1996 and 3,880,321 in 2007.
    MINIMUM WAGE–$4.25 to $5.15
    MINORITIES–did exceedingly well-His increase in Earned Income Tx Credit lifted millions of low income adults and families out of poverty annually.
    Clinton philosophy“If you work hard, play by the rules, you ought to be able to live a decent life”.Thanks Jesus.
    HOME OWNERSHIP–hit all time high
    DEFICIT–290 Billion to whoopee a SURPLUS
    DEBT—-+30%—300% increase over prior 12 years
    FEDERAL SPENDING–+28%—80% under Reagan- who da true conservative?
    DOW JONES AVERAGE–3,500 to 11,800  all it’s history to get to 3500 and Clinton zooms it
    NASDAQ–700 to 5,000—all of it’s history to get to 700 and Clinton zooms it
    VALUES INDEXES– almost all bad went down–good went up in zoom zoom zoom
    FOREIGN AFFAIRS–Peace on Earth good will toward each other—Mark of a true Christian–what has Bush done to Peace on Earth?
    POPULARITY—highest poll ratings  in history during peacetime in  AFRICA, ASIA AND EUROPE even 98.5% in Moscow–left office with highest gallup rating since it was started in 1920’s.
    STAND UP FOR JUSTICE–evil conservatives spent $110,000,000 on hearings and investigations and caught— ONE— very evil man who took a few plane rides to events.
    BOW YOUR HEADS–Thank you God for sending us a man of Bill Clinton’s character, intelligence, knowledge of governance, ability to face up to crises without whimpering and a great leader of the world.

  • clarence swinney

    America is tracking the trend line to End Of Empire laid by
    Over extension worldwide on Debt.
    Small group own most of the wealth
    10% own 70% net wealth  80% own 15%
    10% own 70% financial wealth  80% own 7%
    10% take 50% individual Income  50% take 13%
    70/15  70/7  50/13  = 190/35

    Simplistic– clear picture—can you see it? Congress cannot! White House cannot!

    Each of 10% own $7 of net wealth and each of 80% own $0.18
    Each of 10% own $7 of financial wealth and each of 80% own $0.09
    Each of 10% take $5 of individual income and each of 50% take $0.16
    $7  to  18 cents ratio: 700:18
    $7 to 7 cents 700:7
    $5 to 16 cents 500:16

    Is that not a picture of Third World Country? One cannot spin such numbers
    Is that not a picture of England in End of Empire?
    Is that not a picture of a Dictatorship
    I cannot paint a clearer picture but sadly our president is too busy preaching to his choirs
    The members of congress are too busy counting $$$$$$$$$$$$$ from Wall Street.

    Where are our leaders? Counting $$$$$$$$$$$$$$$$$$$$$??????
    Jesus Christ main sermon was on Inequality
    Ever hear a sermon on it?
    PASTORS OF AMERICA $$$$$$$$$$$$$$$$$$$$$$ GOT YOUR TONGUES????????
    If my numbers are wrong advise [email protected] I correct.

  • clarence swinney

    3 Conservtive presidents since 1980 got 99,000 net new jobs per month.
    Carter + Clinto got 222,000 per month over 12 years.
    Since 1921-2007 Republican presidents got 800,000 jobs per year compared to Democratic presidents 1,800,000 per year
    Busheloon got 31,000 per month to Clinton 237,000

    Want Success Hire Democrats

  • jfair

    Here is the guy who gave us NAFTA lecturing us on how to save the American dream. What a pathetic person Clinton is. He was a pos president and now is even a bigger pos ex-president. Do us a favor Billy boy. Shut up. We don’t need to hear any words of wisdom from a fool like you.


    Sad, but true. Those who make the rules tend to make them in their favor. It seems to me we need to take a lesson from the Tao, patience and perseverance will lead us to where we need to go.

  • Michael Marowitz

    I always believed Bill Clinton was the best Republican president of my lifetime. He was just as much an advocate of Milton Friedman’s beliefs that the capital marketplace cures its own ills, that deregulation and privatization are panaceas of economic ills or are necessary for capital expansion, and that tax policy should favor investors as the Republican clowns were. His economic advisors, from Rubin to Summers, and his continued support of Greenspan all drank from Friedman’s chalice, called variously “austere capitalism,” “laissez-faire capitalism,” or “neoliberalism.” Whether Arthur Laffer called it “trickle down” economics or today’s Republicans “romancing of the investor class,” Friedman’s system in operation is a wealth transfer mechanism, moving wealth from the middle class to the upper class.

    Bill Clinton listened to Republican rants about reducing welfare and implemented their wildest dreams. Clinton favored the repeal of Glass-Steagall, which had been intended to prevent banks from becoming too big to fail in 1932 by prohibiting the merger of commercial banks with investment banks. AIG and other institutions rescued by TARP were direct result of Dick Armey’s 1999 triumph over a post-Depression 67-year old law. Bill Clinton’s Democratic Party was not as supportive of labor as previous Democrats have been. Bill’s idea of democratic politics led to Blue Dog Democrats, Democrats in Name Only, whose tendency to vote Republican led to all the filibusters of Obama’s proposed legislation.

    Bill Clinton is a phony Democrat who has spawned many more phony Democrats.

  • DollarsnSense

    Give us back the good old Clinton days …. WE HAD PEACE! NO WARS! AND WE HAD

    We did not have this hell on earth!!!

  • DollarsnSense



  • Geelcadde

    Being one of the world supporters, in my opinion, Mr. Bill Clinton is an eligible person for the re-election as the future president of the United States of America if this chance is given to him by the US citizens.

  • ljackson

    Bill Clinton was not responsibile for NAFTA, NAFTA was signed by President George H.W. Bush in 1992, the treaty negotiations begin back in 1986 under the Right darling and beloved Ronald Reagan. Pesident Bush tried to fast track the treaty before leaving office, but left office before ratification of the treaty, which fell on the incoming president plate. Bill Clinton tried to protect American workers and made sure its partners follow the enviormental practies and laws of the adding clauses, but the treaty was already a done deal. In the House a vote of 234 members for and 200 against the treaty, meaning 137 Republicans voted yes, and 102 Blue Dawgs Democrats voted yes. And over in the senate a 61-38 vote with 34 Republicians and 27 Democrats mostly Blue Dawgs. NAFTA was the darling baby Ronald Reagan gave to United States.