It is reported that in his soon to be released book ex-President Bill Clinton thinks President Obama made two key mistakes.
The first was not raising the federal debt ceiling early in his term when the Democrats still commanded a majority in Congress, and the second was then failing to devise an effective national campaign message during the 2010 midterms.
Clinton, at times, paints a gloomy portrait of the U.S. economy criticizing Republicans who as delivering an antigovernment ideology rather than proper political engagement and suggesting that can only contribute to America’s domestic and global economic woes, suggesting that on the flipside Obama has no effective strategy for dealing with them and has yet to fully develop effective economic policies.
A recurring theme of the book is that there is a more hopeful future and he urges the country, as he did during his time in office to get “back in the future business.
However the book suggests that in the main Obama has skillfully played the hand he was dealt and given the situation he inherited his approach to stimulating a sluggish economy was about right dismissing Republican approaches as having not worked for thirty years
Clinton advises that a strong private sector and intelligent government must work together to restore the nations fortunes investing in 21st century infrastructure so that it can one again compete on the worlds stage. He argues that there is no evidence that the antigovernment approach will work drawing stating co-operation works better than conflict at times like these.
His book entitled “Back to Work – Why we need a strong Government for a Smart Economy” is to be released on the 8th November 2011
CM
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