Posted by
Christine White on Wednesday, September 17, 2008 12:17:21 PM
Correct me if I'm wrong, but aren't both political parties ignoring that the state of our current economic crisis stems back from some of Bill Clinton's actions and not George Bush's? Mind you, I am not a huge George Bush fan. But please, let's not place undue blame.
Even the Republicans seem to be ignoring the argument that the current mortgage crisis stems from Clinton's repeal of the Glass-Steagal Act as well as his affordable housing initiatives and is not a result of Bush's policies.
Republicans are also ignoring the argument that today's gas prices are not the result of Bush policies. They are the result of the vulnerability created by the increased dependence on foreign oil when President Clinton vetoed drilling in ANWR as well as limiting off shore drilling. That vulnerability was exposed to the wars in the middle-east and our gas prices went up accordingly.
Democrats are slamming the Bush policies for sending jobs overseas. What about the American jobs the Democrats send overseas by forcing American dependence on foreign energy?
I was a young 21 year old when Bill Clinton took office. But even so, I was savvy enough to see the writing on the wall. I vividly remember saying 'I feel for the poor sap who gets elected next cause he's going to get all the blame for the messes Clinton's policies will leave behind.' Wow. Was I right.
Is this the same Bill Clinton that Obama is saying he'd wants his policies to emulate? Obama says he's the candidate of change, but I think he's the candidate of 'Change-back' and I don't mean that as a complement.
Sure economics were great during the Clinton administration. He was riding on the coat-tail of the great Ronald Reagan and subsequent George H. W. Bush.
Why are all the political commentators as well as the Republican Party ignoring these arguments?