Valin Posted June 5, 2012 Share Posted June 5, 2012 CNBC: Jeff Cox 6/5/12 Former President Bill Clinton told CNBC Tuesday that the US economy already is in a recession and urged Congress to extend all the tax cuts due to expire at the end of the year. In a taped interview aired on "Closing Bell," the still-popular 42nd president called the current economic conditions a "recession" [cnbc explains] and said overzealous Republican plans to cut the deficit threaten to plunge the country further into the debt abyss. (Snip) However, Clinton did say that Congress would be best off agreeing, at least for the time being, to extend all the tax cuts that are set to expire at the end of the year, including the so-called Bush tax cuts named after Clinton's successor, George W. Bush. (Snip) Link to comment Share on other sites More sharing options...
WestVirginiaRebel Posted June 5, 2012 Share Posted June 5, 2012 CNBC: Former President Bill Clinton told CNBC Tuesday that the US economy already is in a recession and urged Congress to extend all the tax cuts due to expire at the end of the year. In a taped interview aired on "Closing Bell," the still-popular 42nd president called the current economic conditions a "recession" and said overzealous Republican plans to cut the deficit threaten to plunge the country further into the debt abyss. "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 plans as soon as they can, which presumably would be after the election," Clinton said. "They will probably have to put everything off until early next year," he added. "That's probably the best thing to do right now. But the Republicans don't want to do that unless he agrees to extend the tax cuts permanently, including for upper income people, and I don't think the president should do that." However, Clinton did say that Congress would be best off agreeing, at least for the time being, to extend all the tax cuts that are set to expire at the end of the year, including the so-called Bush tax cuts named after Clinton's successor, George W. Bush. Those across-the-board cuts have been criticized by Democrats who say they were skewed toward upper-income earners. ________ Bill Clinton goes off the reservation, sort of. Link to comment Share on other sites More sharing options...
Valin Posted June 5, 2012 Author Share Posted June 5, 2012 @WestVirginiaRebel HA HA Beat ya by 2 minutes!!! US Already in 'Recession,' Extend Tax Cuts: Bill Clinton Link to comment Share on other sites More sharing options...
WestVirginiaRebel Posted June 5, 2012 Share Posted June 5, 2012 @WestVirginiaRebel HA HA Beat ya by 2 minutes!!! US Already in 'Recession,' Extend Tax Cuts: Bill Clinton We've got to stop meeting like this Link to comment Share on other sites More sharing options...
Valin Posted June 5, 2012 Author Share Posted June 5, 2012 @WestVirginiaRebel HA HA Beat ya by 2 minutes!!! US Already in 'Recession,' Extend Tax Cuts: Bill Clinton We've got to stop meeting like this I think they are just jealous...and I can't blame them. Link to comment Share on other sites More sharing options...
pollyannaish Posted June 6, 2012 Share Posted June 6, 2012 The unmanned drones let us know you two were meeting secretly @WestVirginiaRebel and @Valin. We have merged the threads to protect...someone...but we will be keeping an eye on you. Link to comment Share on other sites More sharing options...
Valin Posted June 6, 2012 Author Share Posted June 6, 2012 The unmanned drones let us know you two were meeting secretly @WestVirginiaRebel and @Valin. We have merged the threads to protect...someone...but we will be keeping an eye on you. I am having some trouble keeping Dieter my evil twin away from the keyboard. Link to comment Share on other sites More sharing options...
NCTexan Posted June 6, 2012 Share Posted June 6, 2012 "I am having some trouble keeping Dieter my evil twin away from the keyboard. " And Barry is having trouble keeping Bill his evil twin away from the microphone. 1 Link to comment Share on other sites More sharing options...
Valin Posted June 6, 2012 Author Share Posted June 6, 2012 "I am having some trouble keeping Dieter my evil twin away from the keyboard. " And Barry is having trouble keeping Bill his evil twin away from the microphone. I'm wondering if the 08 election might have had a little something to do with this? NAH! Link to comment Share on other sites More sharing options...
NCTexan Posted June 6, 2012 Share Posted June 6, 2012 I think that I see a pattern here. Bill gets a big stage and makes a statement. Then he later gets a small stage and smugly unfires the bullet. Hopefully it will be a silver bullet in Barry's case.. Link to comment Share on other sites More sharing options...
Valin Posted June 6, 2012 Author Share Posted June 6, 2012 I think that I see a pattern here. Bill gets a big stage and makes a statement. Then he later gets a small stage and smugly unfires the bullet. Hopefully it will be a silver bullet in Barry's case.. There's one love lost between these two groups, remember PUMA? There are a lot of Clinton people who have not forgotten 08 and how they were treated. Link to comment Share on other sites More sharing options...
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