Bill Clinton's 14 ways to put America back to work:

[woo me with science]

http://www.newsweek.com/2011/06/19/it-s-still-the-economy-stupid.html


The green technology stuff sounds very much like what Obama has been saying.

And of course, #12: "Cut corporate taxes."

:banghead:

[MadHound]

1. This coming from the man who did a major part in killing the American job market

Through NAFTA and granting China MFN trading status. Why should I value anything he says?

[mod mom]

10. not to mention empower the GOP through Telecom Act of '96

and the EPIC banking debacle through the repeal of Glass-Steagall.

Then, of course, there is the betrayal of international elections:

After Mining Deal, Financier Donated to Clinton



By JO BECKER and DON VAN NATTA Jr.
Published: January 31, 2008

Late on Sept. 6, 2005, a private plane carrying the Canadian mining financier Frank Giustra touched down in Almaty, a ruggedly picturesque city in southeast Kazakhstan. Several hundred miles to the west a fortune awaited: highly coveted deposits of uranium that could fuel nuclear reactors around the world. And Mr. Giustra was in hot pursuit of an exclusive deal to tap them.

Unlike more established competitors, Mr. Giustra was a newcomer to uranium mining in Kazakhstan, a former Soviet republic. But what his fledgling company lacked in experience, it made up for in connections. Accompanying Mr. Giustra on his luxuriously appointed MD-87 jet that day was a former president of the United States, Bill Clinton.

-snip

"Kazakhstan’s president, Nursultan A. Nazarbayev, whose 19-year stranglehold on the country has all but quashed political dissent."

"Mr. Nazarbayev walked away from the table with a propaganda coup, after Mr. Clinton expressed enthusiastic support for the Kazakh leader’s bid to head an international organization that monitors elections and supports democracy."

-snip
http://www.nytimes.com/2008/01/31/us/politics/31donor.html


HE IS DEFINITELY NOT A FRIEND OF THE PEOPLE (unless those people are obscenely rich).

[Wilms]

2. Well. To be fair, what he said was...

12. CUT CORPORATE TAXES

It’s true that our corporate rates are the second-highest in the world. But it’s also true that what our corporations actually pay is nowhere near the second-highest percentage of their real income in the world. So I’d be perfectly fine with lowering the corporate tax rates, simplifying the tax code, and saving some money on accountants, but broadening the tax base so that all of them pay a reasonable amount of tax on their profits. That’s what the Bowles-Simpson commission recommended, and it’s the right policy. Lower the rates to be competitive, but reduce the loopholes that cause unfair disparities. We all need to contribute something to help meet our shared challenges and responsibilities, including solving the debt problem.


But it does sound a bit like what Reagan did, and that didn't work out too well.

[somone]

3. Corporations are sitting on record profits and mountains of cash

so we know they're hurting bad and we must feel their pain :sarcasm:

[hfojvt]

4. that's an unfair headline though

"It’s true that our corporate rates are the second-highest in the world. But it’s also true that what our corporations actually pay is nowhere near the second-highest percentage of their real income in the world. So I’d be perfectly fine with lowering the corporate tax rates, simplifying the tax code, and saving some money on accountants, but broadening the tax base so that all of them pay a reasonable amount of tax on their profits. That’s what the Bowles-Simpson commission recommended, and it’s the right policy. Lower the rates to be competitive, but reduce the loopholes that cause unfair disparities."

If lower rates mean more revenue, then why shouldn't we support it?

Of course, Bowels-Simpleton claimed the same thing about the personal income tax, and I don't buy it.

[woo me with science]

11. What headline? nt

[Taverner]

5. A Republican in Democrat's clothing

[izquierdista]

9. Maybe it was a Democrat's suit...

...but the zipper was Republican.

[Motown_Johnny]

6. Any chance that repealing NAFTA is #15 ?

No, I suppose not.

[MrTriumph]

7. So much for the thoughts of ex-president Wal-China-Mart

x

[lpbk2713]

8. #1 ... take the power away from the Oligarchs.

CEO's and other senior execs are breaking records for compensation while their hourly
paid employees are stripped of their benefits if not permanently discharged.

Shame on them all.

[Romulox]

12. Step 1: Most Favored Nation status for China (no pesky human rights strings attached!)???

Clintonomics = a DISASTER

[SOS]

13. Bill Clinton's 5 Ways to Demolish the Economy

1. Refuse to regulate derivatives.
2. Repeal the 93 year-old ban on Wall Street bucket shops.
3. Abolish Glass/Steagall
4. Keep Greenspan, Rubin and Summers - Fire Brooksley Born.
5. Nafta and other job export programs.

Painting roofs white isn't going to fix 10% unemployment, a $6 trillion housing meltdown or replace the $1.9 trillion bank welfare balance outstanding.