Bill Clinton: Obama can argue he steadied economy

WASHINGTON — Former President Bill Clinton says he believes President Barack Obama can win re-election if he can persuade voters he steadied a shaky economy.

Clinton tells ABC's "Good Morning America" he believes likely Republican nominee Mitt Romney will have a difficult time reconciling positions he's taken during the primary season with what he'll say against Obama in the fall.

Clinton was asked if Obama can argue that Americans are better off than they were four years ago, as he argued in winning re-election in 1996.

He replies that if Obama can't make that case, "it is only because of the financial collapse that occurred in September 2008" before Obama took office.

Clinton says Obama can assert that "we put a floor under the recession and kept it from becoming a depression."

Comments » 14

sunburnt writes:

Obama did nothing, and at this moment he continues to do nothing.

Sick writes:

Ok, prove it then.....

LOL

Redshoulderedhawk writes:

Obama tried to fix the health care system, but the GOP nixed their own plan, which Obama adopted. So if middle class people can't get affordable health care, what are their options? Does the GOP care at all about middle-class health care? I'm starting to doubt it.

NeezDutz writes:

in response to Redshoulderedhawk:

Obama tried to fix the health care system, but the GOP nixed their own plan, which Obama adopted. So if middle class people can't get affordable health care, what are their options? Does the GOP care at all about middle-class health care? I'm starting to doubt it.

So, you are blaming the economy on healthcare?
I pay under $300 per month for my family of four. Great coverage.

AmericasTrueRecoveryBeginsIn2016 writes:

It's not about convincing voters, it's about convincing a majority of voters. And, those are two vastly different things at this point.

I doubt that a majority of voters would agree that they are better off (or, at least, no worse off) than they were three years ago.

The economy is still the largest hurdle that Obama has to overcome if he is going to be lucky enough to be gifted with a second term in office.

And, things aren't looking good for him on that front.

wonderful (Inactive) writes:

in response to AmericasTrueRecoveryBeginsIn2016:

It's not about convincing voters, it's about convincing a majority of voters. And, those are two vastly different things at this point.

I doubt that a majority of voters would agree that they are better off (or, at least, no worse off) than they were three years ago.

The economy is still the largest hurdle that Obama has to overcome if he is going to be lucky enough to be gifted with a second term in office.

And, things aren't looking good for him on that front.

Go fill up your gas tank to go to no JOB and let US know!

Hurry November!

celtic99 writes:

LOL LOL LOL LOL LOL LOL LOL

Sick writes:

in response to NeezDutz:

So, you are blaming the economy on healthcare?
I pay under $300 per month for my family of four. Great coverage.

Plus your 5000.00 ded. Plus coins. Plus rx. plus out of network.

300 a month. LOL

Therealist writes:

If by "steadied the economy" Clinton means "drove us further into debt" then yes, Obama sure did steady the economy.

brown writes:

Dow Jones 13,200. Three years ago 8,000. UE down.......NASDACQ 10 year high. Vote Obama.

ruf462 writes:

The sales pitch will go like this: "Pres Obama has steadied the largest economy in the world despite the global economy, tsunamis, earthquakes, the declining dollar, astronomical debit growth etc, etc. But he can't steady oil, gasoline, food prices or home values because they are only several minor, unique components of the overall economy which depend on the global economy, the declining dollar, astronomical growth in the national debt, climate change, etc, etc."

hot-wire-jim writes:

Obama studied the ECONOMY!?? You would think a Harvard graduate would have learned or could learn more. Oh! but wait...He studied the Constitution while in Harvard. We've seen how well that's gone before the Supreme Court with his Obama-care. November can't get here soon enough!!! January can't get here fast enough...OBUMER

hot-wire-jim writes:

in response to ruf462:

The sales pitch will go like this: "Pres Obama has steadied the largest economy in the world despite the global economy, tsunamis, earthquakes, the declining dollar, astronomical debit growth etc, etc. But he can't steady oil, gasoline, food prices or home values because they are only several minor, unique components of the overall economy which depend on the global economy, the declining dollar, astronomical growth in the national debt, climate change, etc, etc."

Exactly...Well said

wonderful (Inactive) writes:

Still hard to believe that AAmerica's three worst presidents are still living and all from the same party, eh?

Hurry November!

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