ELECTING Mitt Romney to the White House this November would be "calamitous" for Americaand the world, according to the former president Bill Clinton . He contrasted the Republican challenger's austere budget plans with Barack Obama 's stimulus-orientated response to the 2008 financial crisis thatsaved the car industry in the United States. Mr Clinton said his Democratic successor deserved a second term in the WhiteHouse because of his record in stewarding the economy through a"miserable situation", and "the alternative would be, in myopinion, calamitous for our country and the world". The former president's intervention during a whistle-stop round offund-raising events in New York came as both campaigns intensifiedtheir attacks on each other's records as job creators while inoffice. Anthem Mr Clinton and Mr Obama were accompanied on Air Force One by rockstar Jon Bon Jovi , who performed an acoustic version of his anthem 'Living on aPrayer' for guests at the Waldorf Astoria. |
It was one of three events held on Monday which raised an estimated$3.6m (€2.89m) for the Obama campaign. Reports from the event at the Manhattan home of Marc Lasry , a billionaire hedge fund founder, said Mr Obama and Mr Clintonput on a relaxed and friendly double act, showing no trace of theanimosity from the long and bitter 2008 campaign in which Mr Obamadefeated Hillary Clinton for the Democratic nomination. Mr Clinton's attack appeared to atone for his remark last week thatMr Romney had a "sterling" business record. The verdict was unhelpful to the Obama campaign, which has tried topaint the former boss of Bain Capital , a management consultancy, as a rapacious "vulture" capitalist.
Mr Clinton said that Republican plans to slash public spending,which have been endorsed by Mr Romney, were "wrong-headed" andwould lead to more pain for ordinary Americans. "What they're talking about is something that is fundamentallydifferent from our experience in growing this economy and creatingjobs," he said. "And so that's going to be the central issue in this campaign. Andwe're going to do everything we can to clarify that choice," theformer Democratic president added.
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