GALLERY: President Clinton Rallies Democratic Voters at MCCC
President Bill Clinton held a rally in Blue Bell, less than 24 hours before the polls open to vote for President of the United States.
With less than 24 hours until the polls open in Pennsylvania, former President Bill Clinton stopped at Montgomery County Community College in Blue Bell to rally Democratic voters.
Montgomery County Commissioner Josh Shapiro, Congresswoman Allyson Schwartz, as well as Congressional candidates George Badey and Kathy Boockvar preceded Clinton at the rostrum.
Bill
7:26 pm on Monday, November 5, 2012
Couple hundred
JByrd
11:36 pm on Monday, November 5, 2012
Tired of Clinton (who repealed Glass-Steagall which let Wall Street loose, put Fannie/Freddie on steroids, etc) saying "their policies" vs our policies. Lot's of blame for crisis.
Moreover, some big differences now vs 90s:
(1) We saw a large increase in productivity and growth was spurred in 90s as a result of the Internet boom (and increased use of computers). In fact, such a boom it formed a bubble that popped in 2000 ("Dot Com Crash").
(2) The Republican Congress and Clinton implemented some important reform (e.g., Welfare) which helped the economy by increasing confidence and improving incentives.
(3) We face much much stiffer competition from global competitors.
(4) Higher ratio of entitlement recipients/workers compared to 90s.
(5) Global slowdown vs 90s.
(6) Debt crisis now.
In sum, our circumstances today are much different compared to 90s.
Finally, Romney never said "liquidate the auto industry" as some are saying.
http://www.cnn.com/video/#/video/bestoftv/2012/10/26/exp-erin-romney-2008-detroit-bankruptcy-oped-john-podest-andy-card.cnn?iref=videosearch
Romney NY Times Op Ed entitled "Let Detroit Go Bankrupt". HE DIDN'T WRITE THAT. His title was something like "The Way Forward for the Auto Industry". The NY Times wrote that title.
Romney merely proposed an orderly bankruptcy. Guess what, that's what ended up happening after taxpayor funding. A bankruptcy.