Bill Clinton: Extend The Bush Tax Cuts

The man who gave us no action on the Rwandan genocide, NAFTA, repeal of Glass-Steagall, a gratuitous Balkan war and corruption of the government’s economic statistics now wants to extend the Bush tax cuts for the weathy.  Tell me again about the difference between Republicans and Democrats!

In an appearance on CNBC Tuesday, former president Bill Clinton said that Congress should temporarily extend the Bush tax cuts due to expire at the end of the year. Clinton’s comments appeared to conflict with the Obama administration’s public position [accent on “public”] on the tax cuts for the wealthy implemented under George W. Bush in 2001-2003.

In light of the “recession,” Clinton stated, “What I think we need to do is find some way to avoid the fiscal cliff, to avoid doing anything that would contract the economy now, and then deal with what’s necessary in the long-term debt-reduction [Read: Cut social Security and Medicare] plans as soon as they can, which presumably would be after the election.”…

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