A pre-Bubba prebuttal

posted at 7:41 pm on September 5, 2012 by Karl

If the WaPo’s Glenn Kessler could fact-check a speech before Mitt Romney gave it, why not a little prebuttal of tonight’s featured DNC speaker? Although many viewers will opt for the opening of the NFL season, a likely female-skewing demo will tune in to hear former Pres. Bill Clinton, a man impeached for lying to a grand jury about lying to a federal judge about his sexual exploitation of his female employees. Unsurprisingly, Bubba was late turning in his homework, but it shouldn’t be difficult to estimate what he will say.

Bill is unlikely to mention that a few years ago, Pres. Obama would have been carrying his bags and getting him coffee, let alone suggest that the incumbent is an amateur. He is also unlikely to focus on Mitt Romney’s sterling business record. Rather, the expectation is that Bill will say the things Barack cannot. Clinton is likely to tell a familiar Democratic fairy tale about how the GOP wrecked the awesome achievements of the Clinton administration so thoroughly that Obama is still trying to get America out of a ditch. Thus, it’s worth noting some of the gaping holes in that narrative.

First, there is the record of the Clinton administration. The WSJ correctly notes that Bill’s record contains a couple of shaky years with a Democratic Congress, followed by relatively beningn partisn gridlock. Official reports back this up. After the passage of the Clinton economic plan (the centerpiece of which was a cliched tax increase on upper-income earners), both Clinton’s Office of Management and Budget and the Congressional Budget Office continued to forecast big annual deficits. The projected surpluses at the end of Clinton’s tenure were so surprising that the CBO specifically addressed the issue in its July 2000 budgetary update (page 7). The CBO concluded that government policy had very little to do with the projected surpluses (and occasionally shrank them). Those of us who lived through the era know what happened: a tech-driven economic boom (which the CBO notes increased economic inequality) resulted in much higher income and capital gains tax receipts for Uncle Sam. This seismic societal revolution had very little to do with policy and is not reproducible by policy. What the CBO left out of their analysis was a significant reduction in defense spending (from roughly 20% to 16% of outlays between 1992 and 2000). After the Cold War, America chose to do what it usually does after a war: pretend the world has stopped being a dangerous place. That is not all Clinton’s doing, but it is part of his record. In short, Bill Clinton will probably pay tribute to himself tonight for being in the right place at the right time.

Second, to say George W. Bush and the GOP destroyed this utopia is almost equally fanciful. A cyclical downturn emerging at the end of the Clinton era was exacerbated not only by the popping of the tech bubble in the stock market, but also by the economic damage wrought by the 9/11 attacks. This economic pain was mitigated by the Bush tax cuts, which Clinton may decry, but which a Democratic Congress and Pres. Obama extended in 2010. Although Democrats vocally turned on the war on terror the moment the going got tough, the Democrats elected in 2006 never turned off the spending spigot for Iraq, let alone Afghanistan. I credit Democrats for that much, but it is partially on them. Dubya’s big-spending “compassionate conservatism” was not beloved in some conservative circles, but it must also be noted that the Democrat alternative proposals on education and Medicare were invariably more expensive and more intrusive. Lastly, there is the financial meltdown/ housing crisis, which could be debated all week. Here, it sufficies to note that TIME blames Clinton for being too deregulatory, while the Village Voice(!) blames the Clinton administration for “a series of decisions between 1997 and 2001 that gave birth to the country’s current crisis”: plunging Fannie Mae and Freddie Mac into the subprime markets without putting in place the means to monitor their increasingly risky investments; turning the Federal Housing Administration mortgage program into a sweetheart lender with sky-high loan ceilings and no money down; and legalizing what a federal judge has branded “kickbacks” to brokers that have fueled the sale of overpriced and unsupportable loans. Whichever explanation of the meltdown you prefer, Bill Clinton’s groping fingerprints are to be found there.

Third, the record of the Obama administration, which Clinton is likely to spin as an effort to return to the awesome policies of Bill Clinton. Despite large Democratic majorities for two years, Pres. Obama has presided over the feeblest economic recovery since the Great Depression. Clinton may claim — as Democrats generally do — that they did not know just how bad things were when Obama took office. Even assuming for the sake of argument this was true, what does it say about the fatal conceit of progressive government? Moreover, Obama partially blames Clinton policies for our current malaise. Obama ran against the Wife of Clinton as the leftist alternative to Clintonism in 2008. He won with a narrower coalition than the one assemble by Clinton in the 90s. Obama and his Congressional majorities rejected GOP input from the very start of the Obama administration. The notion that Obama has tried to govern as some sort of moderate Republican is a joke; just ask Sen. Olympia Snowe. Obama is busy gutting Clinton’s signature policy achievement of welfare reform. Obama has run up crushing debt and has no credible budget plan, but it is probably too much to expect Bill Clinton to repeat his criticism of Obama’s handling of the debt ceiling. Instead, Clinton is more likely to continue touting the watered-down retreads of Obama’s already-failed approach to jobs, even if Obama does not.

Being a good soldier — or being forced into palying a good soldier on TV for the sake of Hillary’s future political ambitions — Clinton is likely to tie all of this to the Obama “Forward” slogan and to paint a Romney victory as a return to the “failed policies of the past.” This would probably be the biggest whopper Clinton could deliver. If the current malaise demonstrates anything, both here and in Europe, it is that the blue social model that dominated the last century is breaking down. Progressives like Barack Obama bitterly cling to their nostalgia for the welfare statism made possible here during a time when America did not face global economic competition, when the actuarial math of public pensions and government health insurance was easier to avoid. Bill Clinton presided over the last gasps of that century. His pleas to go back to the future should be ignored as mendacious fantasy.

This post was promoted from GreenRoom to HotAir.com.
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Wasn’t he the guy that had his State Troopers bring him floozies for adultery?

tom daschle concerned on September 5, 2012 at 7:41 PM

I strongly suspect Bubba will do whatever is best for Bubba. And that doesn’t include getting Barry Hussein Soetoro re-elected.

wildcat72 on September 5, 2012 at 7:42 PM

Wasn’t he the guy that had his State Troopers bring him floozies for adultery?

tom daschle concerned on September 5, 2012 at 7:41 PM

I wonder if he remarks about fluking Fluke?

wildcat72 on September 5, 2012 at 7:43 PM

I wonder if he remarks about fluking Fluke?

wildcat72 on September 5, 2012 at 7:43 PM

Watch for the trademark Clinton Quivering Lower Lip™

tom daschle concerned on September 5, 2012 at 7:44 PM

“Come here fat girl are you ticklish.”

Humpty Hump/Billy “saxmaster” Clinton

mattshu on September 5, 2012 at 7:45 PM

BS from BJ…who got BJ’s!

KOOLAID2 on September 5, 2012 at 7:45 PM

Well this girl is watching the football game :)

gophergirl on September 5, 2012 at 7:46 PM

…will he be fingering a cigar?

KOOLAID2 on September 5, 2012 at 7:46 PM

Three huge egos in a possible clash: Obama’s, Bill’s, and Hillary’s. And I bet Bill owes Hillary a lot, for her sticking by him in a scandal that humiliated her on the world stage after the entire planet being told how smart and great she is.

Obama needs Bill, not the other way around. This can go many wys, from left-handed ‘compliments’ about Obama to an advertisement for Hillary in 2016.

Popcorn, anyone? I’m buying.

Liam on September 5, 2012 at 7:46 PM

Pic of the Day: The Party of Slavery, Secession, and Segregation Returns To Its Racist Roots

http://predicthistunpredictpast.blogspot.com/2012/09/pic-of-day-party-of-slavery-secession.html

M2RB: Bob Marley

Resist We Much on September 5, 2012 at 7:47 PM

“Come here fat girl are you ticklish.”

Humpty Hump/Billy “saxmaster” Clinton

mattshu on September 5, 2012 at 7:45 PM

Fluke IS his type…

wildcat72 on September 5, 2012 at 7:47 PM

Things the Clintons never mention in public :
WTC bombing 1993
OKC bombing
Khobar towers bombing
Black Hawk down
USS Cole bombing
US Embassy bombings in Africa
Sandy Burger
Osama and Abedins

burrata on September 5, 2012 at 7:47 PM

Why would anyone listen to a man who said “It depends on what the meaning of is, is?”

I thought democrats were smart, or something….

tom daschle concerned on September 5, 2012 at 7:48 PM

Contract with America and Republican Congress did it.

not snuffapoon.

Lonetown on September 5, 2012 at 7:49 PM

Keep an eye on Fluke. She’ll be wearing more blue dresses and break into a wide grin when somebody near her whips out a cigar.

Bubba Redneck on September 5, 2012 at 7:50 PM

Will he be wearing a yellow tie ?

burrata on September 5, 2012 at 7:51 PM

Is he still disbarred?

I know he’s not, but you think that would be a hidden fact if some Republican was disbarred.

I’m guessing the over/under on mentioning disbarred would be 80.

mattshu on September 5, 2012 at 7:52 PM

Keep an eye on Fluke. She’ll be wearing more blue dresses and break into a wide grin when somebody near her whips out a cigar.

Bubba Redneck on September 5, 2012 at 7:50 PM

I wonder if her intro will be, “Hello, I’m Sandra, and I was BORN to Fluke”?

wildcat72 on September 5, 2012 at 7:52 PM

Tonight football begins…so much for Bill.

Terrye on September 5, 2012 at 7:52 PM

Bill Dandy to the rescue!
Bill Dandy to the rescue!
Bill Dandy to the rescue!
Go, Bill Dandy! Go, Bill Dandy!

He was sittin’ there in his office on a Harlen building top
Stainin’ dresses till he was about to drop
Obama came on bended knee, his presidency on a runaway course
Uh huh, that’s right, of course
Bill Dandy to the rescue!
Go, Bill Dandy! Go, Bill Dandy!

Cheshire Cat on September 5, 2012 at 7:54 PM

But democrats embrace mendacious fantasy.

GaltBlvnAtty on September 5, 2012 at 7:55 PM

Two additional facts left out of the analysis.
1 In 1999, energy prices were at lows not seen since the 70′s. oil price was at around $12 per barrel.
2. The Fed raised intrest rates 1 full point in a 2 week period at the end of 2000, which further decreased the velocity of money, and left Bush with a recession before he even entered office. Remeber ALgore’s “double dip recession” speech. Thre was not one b/c Bush’s aggressive stance on money supply at the start of his trm.

gonnjos on September 5, 2012 at 7:56 PM

It will be interesting to see if Bubba can keep from bursting out with laughter as he reads his Carney-approved speech recommended lies lines.

HopeHeFails on September 5, 2012 at 7:57 PM

But Bubba is not all that bad considering that the Dims honored a POS who killed a woman.

And did waitress sandwiches with his banking buddy Chris Dodd (major architect of today’s financial situation).

Tell me Dims…who has the war on women?

Dingbat63 on September 5, 2012 at 7:57 PM

Karl,

I think you missed a very important aspect of the Clinton administration that will surely be woven into his laudatory comments about the rat-eared bastard. Welfare reform. In the left’s telling of the story Clinton drove welfare reform. In reality he didn’t want to sign the bill and made it clear that he was only doing it under duress because the GOP had the votes to override his veto. It was only after the reform began to work that Clinton suddenly recast himself as a champion of reform.

Happy Nomad on September 5, 2012 at 7:59 PM

Is he still disbarred?

mattshu on September 5, 2012 at 7:52 PM

Be careful using the word “bar” in any sentence about Bill Clinton. Even more dangerous than using the last name of America’s sluttiest law student.

Happy Nomad on September 5, 2012 at 8:01 PM

Happy Birthday, AP!

I wanna see your birth certificate, and don’t try to fool me with some photoshopped certificate of live birth ;D

Laura in Maryland on September 5, 2012 at 8:04 PM

I wonder if Clinton will have Juanita Broderick, Kathern Willey, Elizabeth Ward, Paula Jones, Gennifer Flowers and Monica Lewinski join him on stage..like the Olympians at the RNC.

War on Women. Indeed.

HumpBot Salvation on September 5, 2012 at 8:04 PM

Let’s also remember Waco and Elio Gonzales happened on Clinton’s watch with the execrable Janet Reno starring as designated fall “guy”.

Joe Mama on September 5, 2012 at 8:06 PM

Funny all this…the Dims are struggling to throw “stuff” on the wall against a Mormon and a a lily white Catholic and hope something sticks. And, they march out Billy Bob, Teddy, Pelosi and Plugs.

Dingbat63 on September 5, 2012 at 8:07 PM

Laura in Maryland on September 5, 2012 at 8:04 PM

It is? Holy moly!

20bucks says his 50 incher is on Eli vs my Plowboys(suck it up Jerry), and his two inch iPhone is on the convention.

Limerick on September 5, 2012 at 8:08 PM

The classic Bubba prebuttal: “Hey, get your hand off my a**!”

Valkyriepundit on September 5, 2012 at 8:12 PM

B-O-L-W J-B-O-S

Nutstuyu on September 5, 2012 at 8:13 PM

Nutstuyu on September 5, 2012 at 8:13 PM

Some assembly required? ;-)

AZfederalist on September 5, 2012 at 8:13 PM

Although many viewers will opt for the opening of the NFL season

Really? Ya think?

*cracks open a beer, turns TV to NFL opener*

What ever gave ya a crazy idea like that?

predator on September 5, 2012 at 8:18 PM

Hey AP:

so…

it…

…BEGINS!!! Bwahahahah!

annoyinglittletwerp on September 5, 2012 at 8:20 PM

Clinton, overheard at the D&C convention “God put a woman’s honey hole so close to her azz so you can pick her up and carry her home like a six-pack!” Har-dee-har-har
/War on Wimmyns

Sasha List on September 5, 2012 at 8:25 PM

And, they march out Billy Bob, Teddy, Pelosi and Plugs.

Dingbat63 on September 5, 2012 at 8:07 PM

You forgot Villaragosa. Cheating on his cancer-stricken wife with his best friend’s wife.

Happy Nomad on September 5, 2012 at 8:27 PM

“Come here fat girl are you ticklish.”

Humpty Hump/Billy “saxmaster” Clinton

mattshu on September 5, 2012 at 7:45 PM

Fluke IS his type…

wildcat72 on September 5, 2012 at 7:47 PM

..you know, you guys kid but that stupid little scrunt is so-o-o-o-o smitten with Dem luminaries, it would not surprise if she did the roundheel number for The Cohibatator.

Still, all of that said, dragging his sorry ass in to polish Obama’s turd is the acme of pathetic.

The War Planner on September 5, 2012 at 8:29 PM

“Fatal Conceit” in term of policy and ideology.

Fatally flawed in terms of character and execution.

thatsafactjack on September 5, 2012 at 8:31 PM

Hmmm, Bubba or football? Bubba or football? So difficult to decide.

/sarc

jazzmo on September 5, 2012 at 8:31 PM

You forgot Villaragosa. Cheating on his cancer-stricken wife with his best friend’s wife.

Happy Nomad on September 5, 2012 at 8:27 PM

And Gavin 2some Newsom , who had an affair with his campaign magager’s wife, when she worked for the Nuisance ,
and then 2some forced the campaign manager to resign !

burrata on September 5, 2012 at 8:32 PM

Bill Clinton once said to Teddy Kennedy ” A few years ago this guy would have been carrying our bags.”

Now Clinton appears on command to carry Obama’s water.

thatsafactjack on September 5, 2012 at 8:33 PM

a return to the “failed policies of the past.”

Hmm. As governor, Romney cut the MA state budget from $3B deficit to $16M. Doesn’t quite sound like a failed policy from the past.

John the Libertarian on September 5, 2012 at 8:43 PM

That article should appear on the front page in the WSJ.

Nothing stings like the truth

Key West Reader on September 5, 2012 at 8:56 PM

“Come here fat girl are you ticklish.”

Humpty Hump/Billy “saxmaster” Clinton

mattshu on September 5, 2012 at 7:45 PM

Fluke IS his type…

wildcat72 on September 5, 2012 at 7:47 PM

Now, THERE’S a sight I will never be able to unsee. Dammit.

Myron Falwell on September 5, 2012 at 9:14 PM

A reliable source says that they will be doing an abortion on stage tonight at the dnc.
Anything to avoid the issues.

MrMoe on September 5, 2012 at 9:41 PM

The ads on this site are killing it. They are very hard to close and they occasionally crash on windows platform. You cannot even close them on a portable device. Please change to normal ads or will have to stop viewing.

ray on September 5, 2012 at 9:44 PM

20bucks says his 50 incher is on Eli vs my Plowboys(suck it up Jerry), and his two inch iPhone is on the convention.

Limerick on September 5, 2012 at 8:08 PM

Dang, Limerick. I got as far as 50 incher and had to do a double-take. ooooh, TV.

Something about a Clintonfest that puts my mind in the gutter.

Laura in Maryland on September 5, 2012 at 10:38 PM

What was missed that plays big in the examination of the “rich” (or the 1%) is the unintended effects of Bill Clinton’s “millionaires tax.”

In 1993, Bill Clinton and the Congress pass a special “millionaires tax” directed at top company management (but there was a special exception for Hollywood and sports stars).

Companies responded by capping the salaries of management at $1 million, but proceeded to make up the “difference” with stock options. What resulted was described by PBS’s FrontLine as the “biggest transfer of wealth in the history of the world” as roughly 10% of company equity passed from the stockholders (which include pension, retirement and mutual funds held by 90% of all Americans) to the top levels of management in the Fortune 500 companies.

This isn’t what Bill Clinton and the Congress had intended, but it is what happened. They had unwittingly enabled those at the top to become richer.

J_Crater on September 6, 2012 at 5:05 PM