Bill Clinton: Romney's Recovery Plan is 'Dumb Economically'

Former was in Waukesha rallying Democratic support with just five days left before the election. In the waning moments of the campaign, both parties have targeted the Badger State in what could be a photo finish Nov. 6.

Former President Bill Clinton stumped deep in the heart of Republican territory in Wisconsin Thursday to talk dollars, cents, and arithmetic before a crowd of roughly 600 people in Waukesha.

Clinton — dubbed the "Secretary of Explaining Things" minutes before by Milwaukee Mayor Tom Barrett — praised President Barack Obama’s plan to rebuild the economy, saying that it was based upon arithmetic.

He couldn’t say the same for Republican presidential candidate Mitt Romney’s plan to restore the nation’s economy, which Clinton said would undermine the identity of the country. Clinton said there’s a reason Romney has been mum on explaining how his tax cuts add up.

“There is no possible way to do this without cutting education, without cutting investment in infrastructure, without cutting investment in our economic future, without doing terrible damage to Medicaid, without undermining who we are, and doing something that is dumb economically," Clinton said.

On the other hand, Clinton praised Obama’s plan to tackle the debt and sagging economy. Clinton said Obama’s plan invests in renewable energy, the country's technological infrastructure, education, and healthcare.

“His plan educates and empowers the American people, and he has a plan to tackle the debt,” Clinton said.

Close contest in Wisconsin

Clinton was rallying Democrat support on Republican turf Thursday because it appears the race in Wisconsin could be down to a dead heat. Though staunchly Republican, Waukesha County turns out the third highest total of Democratic voters in the state, according to JSOnline’s Don Walker.

And although Wednesday's Marquette University Poll shows Obama with an 8-point edge in Wisconsin, the lineup of campaign stops in Wisconsin would suggest both candidates see a much tighter race in the state.

In the final days before the election, Obama, Clinton, Romney, and GOP vice presidential candidate Paul Ryan will all have spent precious time remaining on the campaign trail in the Badger State. Romney will be in West Allis on Friday, and Obama will make a stop in Milwaukee Saturday and Madison on Monday.

Clinton assured those in attendance Thursday that Obama has taken the country on the right path. He said even Romney conceded that Obama inherited a dire situation, but Obama has done his best to lead the nation toward recovery.

“We remember what it was like in November 2008. This country was losing 750,000 jobs a month. Our auto industry was on the brink of disappearing. The housing market was falling apart,” Clinton said. “We are selling American cars again. The housing industry is no longer in the free fall it was. It’s because President Obama had the courage to do the right thing.”

He said Romney would only take the country backward to the same place it was when the economy was in a downward spiral. Clinton said no economists would say that a complete recovery could be accomplished in four years, and that the country needs to stay on the path Obama has taken.

“I’m more excited about Obama than I was in 2008,” Clinton said. “I’m sure it’s just a coincidence. A business forecasting group, Moody’s Analytics, says that the American economy in the next four years will produce 12 million jobs if we don’t mess up what president Obama is already done.”

Supporters like what they hear

Lew Arnold, of Waukesha, was at the rally supporting the president. The last-minute rally may just help “garner the votes” for Obama, he said.

“Every vote counts, and that is what we are doing today,” Arnold said. “I have no doubt in my mind that Republicans are going to carry this county, but every vote counts.”

Waukesha County has a predominately Republican voter base, but because of the county’s large population, it still has a strong Democratic draw.

Nancy Balzer, of the Town of Waukesha, thought Clinton’s speech will help push the Democratic vote in Waukesha County because “he is such a clear explainer,” Balzer said.

“He came out and said, ‘I am going to explain it all.’ He really did,” Balzer said. “He highlighted the difference between President Obama’s plans and Governor Romney’s. In particular, Governor Romney has not been very forthcoming with his actual plans, laying out what he is going to do.

“Instead, he is making generalizations, whereas President Obama has specific plans that are out there. We can see how far we have come in the four years that he has been president.”

Milwaukee residents Josh Pieper and Rachel Peeters made the trip to see Clinton. Pieper felt the most important coming out of Clinton’s speech was “the way he breaks down the numbers, financially.”

Peeters was impressed by information about students and the importance of scholarships and grants. Clinton’s speech could help strengthen the Democratic vote in Waukesha County, she said.

“I think it will definitely get the voters out with his presence here,” Peeters said.

Colter95 November 06, 2012 at 01:50 AM
Please don't let Obama sweep Benghazi under the rug... Lets not forget those four who were left to be slaughtered in Benghazi... Do not reward Obama for this epic failure… Copy these links and share!! http://spectator.org/archives/2012/11/01/benghazi-obamas-core-deceit/ http://www.gazette.com/opinion/romney-146793-obama-benghazi.html http://frontpagemag.com/2012/dgreenfield/benghazigate-obamas-many-lies-about-libya/ http://www.canadafreepress.com/index.php/article/50657 http://www.breitbart.com/Big-Journalism/2012/10/25/CBS-Busts-Obama--and-Itself-Hidden-60-Minutes-Clip-Proves-White-House-Lied-About-Benghazi Romney/Ryan 2012
Colter95 November 06, 2012 at 01:50 AM
I saw Obama yesterday claiming the new job numbers are proof that his policies are working and that we are in an economic recovery... Fact is, that is not the truth, or even close to the truth... First, the unemployment rate ticked up to 7.9% and the year-to-date monthly average of 157,000 payroll jobs is barely enough to keep up with population growth -- much less make up for the 8 million jobs lost during the Great Recession. Second, the so-called real unemployment rate (U6) remains elevated at 14.6%, albeit down from 14.7% the prior month. Similarly, the labor participation rate is at 63.8%, up from its multi-decade low but still incredibly weak. Third, average hourly earnings fell a penny in October and average hours worked fell to 34.4 from 34.5 in September. Stagnant wages means "we're not generating income," Reinhart says. "That's a problem in terms of the durability of an economic expansion, which is usually fueled by consumption. To get consumption you've got to generate income." Also, just look at your checkbook. We are paying a lot more for everything now than we did in 2008. The price of gas has doubled. At the same time, wages have gone down, and that's if you're lucky to have a job. In 2008, 25 banks went out of business. In 2012, 48 banks have gone out of business. Almost double the amount. Does that sound like recovery to you? Don't believe the Obama lies!! Romney/Ryan 2012
Keith Schmitz November 06, 2012 at 02:03 AM
What ever you are bitching about regrading Obama, what thinking person would believe that returning to the Bush policies is a bright idea. The problems you are talking about are from: 1) Corporations sitting on cash rather than in investing in company growth. 2) Republican obstructionism. The jobs bill would have created a million jobs. 3) Cutting government jobs in an Irish style austerity. If it wasn't for layoffs of government employees, unemployment would be in the neighborhood of 6%. The study by the Congressional Research Service and an army of economists agree that cutting taxes on the wealthy diddly squat. Just a bogus justification for the rich to hoard more. As for the numbers formulas for the unemployment numbers, the same one that has been used by presidents probably going back to FDR. By the way. Gas has not doubled since Obama became President. One of the thousands of lies that have come out of the GOP like an insane tennis ball machine.
Keith Schmitz November 06, 2012 at 02:06 AM
This, from the same party that never allowed a decent investigation into 9/11 and Bush's inability to respond to the PDB. This will go no where like the Fast and Furious brouhaha run by the crook Darryl Issa, because there is no where to go. Give it a rest will ya.
Keith Schmitz November 06, 2012 at 02:07 AM
Can you two get a group rate for mental help?


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