It is worth remembering some specifics from President Clinton’s well-reasoned dismantling of the Republican narrative at the DNC, just in case you have some dismantling of your own to do in the upcoming weeks. (Politico has posted a transcript and video of the entire speech.) Today’s lesson — job creation and taxes. Background: By the end of 2008 the country was losing roughly 500,000 jobs/month.
In 2010, as the president’s recovery program kicked in, the job losses stopped and things began to turn around. The recovery act saved or created millions of jobs and cut taxes — let me say this again — cut taxes for 95 percent of the American people. (Cheers, applause.) And, in the last 29 months, our economy has produced about 4 1/2 million private sector jobs. (Cheers, applause.)
We could have done better, but last year the Republicans blocked the president’s job plan, costing the economy more than a million new jobs.
So here’s another job score. President Obama: plus 4 1/2 million. Congressional Republicans: zero. (Cheers, applause.)
Thanks Bill.