Discover Yahoo! With Your Friends

Explore news, videos, and much more based on what your friends are reading and watching. Publish your own activity and retain full control.

To get started, first

YOUR FRIENDS' ACTIVITY

    Contrary Indicator

    Can Clinton’s Prescription Get the Economy ‘Back to Work’?

    I reviewed Bill Clinton's new book, Back to Work: Why We Need Smart Government for a Strong Economy, for the Sunday Washington Post.

    The general thrust of the revieww, which can be seen in its entirety here, is that many of America's economic problems are in fact political problems. And without addressing those, smart centrist ideas for fueling further recovery can't go too far"

    "Back to Work" contains sensible ideas that have been floating around think tanks, policy conferences and White House brainstorming sessions for years. But given the current configuration of power in Washington and the near-blanket opposition by Republicans to White House economic proposals — even to measures they had previously supported — we seem to be stuck. Many of the ideas in this book could be enacted only in the unlikely event that Democrats sweep the 2012 elections and recover control of the House and a filibuster-proof majority in the Senate.

    We apologize. An error has occurred. Please try again.
     
    • Troy  •  Sioux Falls, United States  •  6 mths ago
      The Budget surplus (Which the GOP gets no credit for) resulted from large budget cuts that President Clinton and the GOP (controlled both houses) agreed on and the large amount of tax revenue from the tech boom.
      • DUDE 6 mths ago
        To get us out of the hole reagan, your hero put us in !!!!!!!
      • Ronald W 6 mths ago
        That Tech Bubble blew up in Bush's face in 2000. We had 9/11 and we still has a good economy for 7 years. Reagan made the Dems running congress look good. GOP leadership no matter how inept beats Demo leadership every time.
      • Jeff 6 mths ago
        Troy, Sorry to let you down, the budget would never been balanced if the payments for the Vietnam War did not end under Clinton. It was not him nor the republicans who did anything, it was just they had extra money to spend. They also took the settlement from big tobacco and credited the government all in 1 year instead of the 20 big tobacco was scheduled to pay. That was all while still subsidizing big tobacco, but that is another problem.
    • Lee M  •  Bedford, United States  •  6 mths ago
      The stupid liberals had complete control for 2 years and could only manage to ram Obamacare down our throats while running our debt up over $15 trrillion dollars. Now Slick Willy go back to Monica Lewinsky and leave us alone.
      • Jeff 6 mths ago
        Did you know that George W did not ever put the Iraq or Afghanistan wars on the budget? Then Obama did so the public could see what was being spent on the middle east. If you dismiss the war cost Obama is not adding as much to deficit then puppet George.
    • DUDE  •  Scranton, United States  •  6 mths ago
      Bill, your toughest task will to be banging it into obama's head, remember he did nothing as a senator !!!!!! He's the guy no one remembers in college and where was he born ????!!!!!!
      • puckfreak 6 mths ago
        I think Bill did enough banging and head in the Whitehouse.
    • Brandy  •  6 mths ago
      The same Clinton who promised the nation that NAFTA would create jobs. What he failed to mention was that it created millions of jobs in Mexico and Canada at the direct expense of the US labor market.

      Read the "Coming New Dark Ages: The Truth About the U.S. Economy" to see why the debts of the world's advanced economies can be reconciled only by default, regardless of fiscal policies.
      • Sara 6 mths ago
        Sending American jobs to low wage countries with "free trade" agreements was not his finest hour. It's destroyed our economy.
    • touchthemound  •  6 mths ago
      Ahh yes Billy bob Clinton...the quintessential "double-wide" prez. Getting reckless with the truth is his mantle. Awww shucks i didnt know you wanted the whole truth folks. I's just kiddin'!
    • Shawn  •  6 mths ago
      A lot of people are on here complaining, but guess what....THE SENATORS AND REPRESENTATIVES IN WASHINGTON CAN'T HEAR YOU ON HERE!! Want to get their attention? Try emailing, writing, calling, or visiting your elected officials' offices. Try making more noise than you're doing now. Many of you COMPLAIN about Occupy 'whoever', but at least they're DOING something. At least they're worried less about what new car or house they're going to buy, where to go on vacation, which new iPOD is out, et cetera. Washington gets away with what they do because we're distracted by material things, and our own selfishness. Americans don't care what Washington is doind as long as our lives are going well. That's what they count on. Time to make noise...EVEN when things for you are good.

      Do you really think those narcissists give a d**n about the average Joe? Read up on the kind of personality that holds the office of the President or other elected officials. They are usually narcissistic personalities, and you know narcissists don't care about anyone but themselves. WE, the AMERICAN people, have to make them care!! WE have to make noise, which will force them to change!

      And yes, I write letters each time they send their junk mail to me. I write and send it back!! But ONE person can't make a difference. It will take ALL of us as Americans to force a change!!!

      If none of that moves you to take action, how about this? Do you want your children's and grand-children's futures to be stripped from them??
    • 49th st  •  6 mths ago
      And just what did the Democratically controlled House, Senate and Presidency do for the economy the first two years of Obamas term?? Seems like they had the ability to do anything they wanted yet only passed a health care bill, of which many are already backing off from as being too costly. Yepper, Democrats had ALL the power for two years, yet where are we today?? Democrats had until the last election, majorities in the House and Senate for the last four years, last I remembered the President only approves the budget submitted by the House and Senate. Seems the democrats had a filibuster proof majority for four years and where are we?
      • Benrene 6 mths ago
        Where were you when Bush was giving the Country away. Your brain dead!
      • 49th st 6 mths ago
        Benrene, Bush gave away what the democrats in control gave him. As to giving away the house. Look at the deficit of 8 years of Bush (his last two years democrats controlled house and senate) compared with 3 years of Obama, and who gave away what?
      • Jenifer 6 mths ago
        Bush's last budget ran through Sept '09. Obama is just beginning his third fiscal year.
    • Dean  •  6 mths ago
      As stated here and many times over & over, it is the deadlock that is in Washington, the solution is simple, vote out all of those presently in Washington, get the country back to the people. Do away with automatic annual raises for Congresss & Senate members as well as lifetime benefits and retirements after 1 year. Clean that mess up and perhaps we can make some progress. Get big money out of the elections - special interests have no business and yet our U.S. Supreme Court has ruled that it is o.k., is it any wonder judges as well as Senators & Congressmen are bought & paid for???????????????????????
    • jenny  •  Los Angeles, United States  •  6 mths ago
      What has the free trade agreement done to manufacturing jobs in America? wasn't that treaty made during Clinton's administration?
    • m hudd  •  6 mths ago
      We will have jobs as soon as the government gets out of business. If the governement was a business, they would have gone bankrupt over 20 years ago. Name a business that is over $15,000,000,000,000 in the hole, and it's opperating costs are 30% more than they bring in. 2 of the 4.5 trillion a year paid in taxes, goes straight to Fed pensions.
    • stolzy  •  6 mths ago
      if the Demos are so great why is Grease BR the demos control them how about Italy the Demos control that country to look at all the country's that the demos are incontrol as they all are BR and it is the same here in the US
    • MOM  •  6 mths ago
      Ah yes, smart man Mr. Clinton, the one who said Fannie Mae and Freddie Mac should provide home financing to those with poor credit (i.e. those with proven track records of incurring but not repaying debt). This bit of wisdom put our economy in the toilet when the mortgage industry collapsed. A hole we're still digging ourselves out of. The same "sensible ideas that have been floating around think tanks, policy conferences and White House brainstorming sessions for years" were there when he was in office and he didn't listen to them then.
    • James Smith  •  Fresno, United States  •  6 mths ago
      Umm to bad Democrats have had control of 2/3 of the Federal Government since 2006 and a super majority for 2 years. During that time they brought us all kinds of things that were supposed to "save" the Economy including Obummbers American Recovery and Reinvestment act... You had 2 years of a super majority to WHAT EVER YOU WANTED and still could not get unemployment to change.
    • Jeff  •  6 mths ago
      I do not have time to comment to all of the people here. I can say please for the sake of the country, read more and stop watching FOX. hahahaha
    • Benrene  •  6 mths ago
      Bill Clinton is one smart man and Republicans should listen to anything he has to offer on the economy. They need to get their head out of there behind.
    • JOES QUANTUM GARAGE  •  6 mths ago
      BILL CLINTON TRAITOR SELLER OF SECRETS TO THE CHINESE CFR CREEP DESTROYER OF OUR ECONOMY WITH ENDING GLASS STEAGALL TRAITOR CLINTONS ARREST JAIL THEN DO THE SAME TO THE REST OF THE TRAITORS
    • Cal  •  6 mths ago
      Bingo. Clinton realizes, too, that without any help from congress, the president is pretty much powerless to enact anything. Which is exactly the republicans strategy. In a way, I'd like to see a republican win the White House, and then the democrats adopt the same tactics against him that the republicans are using against Obama. We'll see how well a republican president performs then. Democrats would never do that though, they aren't mean enough.
    • mick  •  6 mths ago
      Listen to President Clinton, he has a lot of experience in cleaning up after stupid republican presidents.
    • Wayne Hall  •  6 mths ago
      clinton forceing banks to loan money to people that cant pay it back he is the problem
    • williamf  •  6 mths ago
      bubba soetero

    Blog Authors / Profiles

    Blogs