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Bill clinton defends mitt romney's time at bain: does that helpobama? by wwy yrj
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Bill clinton defends mitt romney's time at bain: does that helpobama? by WWY YRJ
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| Article Posted: 12/04/2013 |
| Article Views: 106 |
| Articles Written: 1412 - MORE ARTICLES FROM THIS AUTHOR |
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Bill clinton defends mitt romney's time at bain: does that helpobama? |
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Business,Business News,Business Opportunities
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Now, we're sure there are all kinds of Machiavellian theoriesfloating around about how Bill may be intentionally sabotaging President Obama in order to set Hillary up for a run in 2016. But we don't actually buy that. Others suggest the former president simply misspoke. But we don'tbuy that either. Here's the thing: Clinton's comments weren't just "offmessage." They were a declaration of war on the message.
Theyunderscore a fundamental split within the Democratic Party that's less about Romney's record at Bain than it is about whetherthe party as a whole is perceived as a friend or foe of Wall Street and the world of business and high finance. Remember, Clinton went to great lengths as president to make theDemocratic Party appear more pro-business than it had in decades supporting free trade, ending "welfare as we know it,"and explicitly courting more affluent supporters, particularly onWall Street. Since then, when Democratic candidates have seemed to push theparty back toward a more explicit economic populism, or appeared todemonize big business, Clinton has often signaled his disapproval.After Al Gore ran on the slogan "the people versus the powerful" in2000 and lost (though barely), Clinton later commented that hethought Gore's message hadn't worked. Obama's relationship with Wall Street and the business communityhas undergone a notable shift between this campaign and the last,and the president's message has taken on a more stridently populisttone. While the last Obama campaign was about creating a new,post-partisan era of government, this one has centered on economicfairness, highlighting inequities in the tax code, and the need forregulations and other policies that protect the little guy.
Overthe past four years, many business leaders have bristled at whatthey perceive as unfair attacks coming from the president. Andcampaign contributions from Wall Street have fallen offprecipitously for Obama. Clinton's defense of Romney or rather, his implied criticism ofObama's criticism of Romney may seem like a slap in the face.But if Clinton truly believes that economic populism is a losingstrategy for Democrats, his comments may actually have been aneffort, in his view, to save the Obama campaign from itself. Byundercutting so publicly the Obama campaign's attacks on Romney'scareer, Clinton may well have permanently and, yes, somewhathumiliatingly eliminated that line of argument from thecampaign's arsenal.
And we'd wager he thinks he was doing them afavor. I am Petrochemical Products writer, reports some information about wholesale fish food , 1st aid kits.
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