|
During the 2011 debt ceiling fight, which brought the U.S. Department of the Treasury close to defaulting on its debts, Clinton publicly urged Obama to raise the ceiling unilaterally and cite constitutional provisions for doing so. In his book, he appears mystified still as to why Obama allowed such a perilous showdown. Obama now has "a tough hand to play" in negotiating with Congress, Clinton writes. Clinton recalls his own eight years in the White House in glowing terms, noting how his economic policies helped create 22 million jobs and substantially reduce the federal debt. Among other things, he says, he was able to persuade many wealthy people to accept higher taxes because "I didn't attack them for their success." Clinton strongly criticizes Republicans for taking the country deeply into debt under George W. Bush's presidency. He says both major parties must agree to investments that will strengthen the U.S. going forward, such as green energy and infrastructure improvements. He also advocates reforming the tax code, cutting some corporate taxes and giving businesses greater incentives to hire. Officials at the Democratic and Republican national committees didn't immediately reply to requests from the AP seeking comment Thursday night. The new book, fully titled "Back to Work: Why We Need Smart Government for a Strong Economy," isn't Clinton's first. His 2004 memoir, "My Life," was a worldwide best-seller. He also wrote "Giving," a handbook for civic activism.
[Associated
Press;
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor