Friday, July 27, 2012

Obama Is "Running On His Record"! (say WHAT?)

RCP Video ^ | 7-27-2012

Reporter: My question is, is [President Obama] running on the Clinton economy or the Obama economy?

Jay Carney: He is running on his record. He is running on a vision for the future and an economic plan that has as one component a fundamental principle that everyone ought to play by the same set of rules and everybody ought to get a fair shot and everyone ought to pay their fair share. .....

Reporter: With unemployment over 8%, GDP slowing down now, the worst in a year, you'd rather talk about those years than...

Carney: We're not talking... We're talking about an economic policy. His plan, which we talk about all the time, which involves a balanced approach, including the expiration of the high-end Bush tax cuts.

And as a rebuttal to the assertions from Republicans that this is terrible economic policy, he points to the facts, which are that, are that under President Clinton, marginal rates at that level were in place when we saw this substantial economic growth and job creation. .....

(Excerpt) Read more at realclearpolitics.com ...

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