January 25, 2012

WHICH IS UNFAIR TO BILL CLINTON...:

That's Obama's Jobs Plan?: His muddled SOTU scheme to boost the economy by hindering trade. (Matthew Yglesias, Jan. 25, 2012, Slate)

The bold, transformative Barack Obama, painter of grand vistas, is gone, replaced in his State of the Union address by a Clinton-esque figure, reciting laundry lists of small-bore proposals. There were some very good ideas for attacking the crisis of mass unemployment. Extending the payroll tax cuts without another round of policy riders and protracted negotiations should be a no-brainer. Legislation to make it easier for millions of Americans to refinance their mortgages at today's low interest rates is a great idea that should bolster consumer demand and make it easier for the entrepreneurially inclined to start businesses. His call to avert a massive spike in student loan debt interest payments is sound, and the promise to create a federal task force on foreclosure fraud seems very smart.

But framing the entire economic message of the speech was a strikingly retrograde, self-contradictory, and confused agenda of reviving American prosperity through mercantilism. 


...who included radical Welfare Reform in his laundry list speech of '96.

Posted by at January 25, 2012 7:01 AM
  

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