President Obama No Bill Clinton on Economic, Budget Policies

At IBD, "Obama, You're No Bill Clinton On Economic Policies":

When the Democratic Party announced that Bill Clinton would deliver a prime-time speech at its convention in early Septem ber, convention head Antonio Villaraigosa left no doubt as to why.

"President Clinton oversaw the longest economic expansion in U.S. history," he said, "pursuing many of the same policies that President Obama is proposing and implementing today."

That's a message Obama has been delivering himself — repeatedly — at campaign stops as he tries to make an argument for a second term amid a historically sluggish economic recovery.

"Just like their theories have been tested and didn't work," he said, "my theories have been tested. The last time they were tried was by a guy named Bill Clinton. And we created 23 million new jobs, went from deficits to surplus."

But a review of the record shows that Obama's policies — enacted or proposed — bear little resemblance to those adopted by Clinton during his eight years.

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