Asked to compare Barack Obama with George W. Bush, Americans are more inclined to say Obama has been a better (43%) rather than a worse (34%) president, with 22% seeing no difference between the two. Obama compares much less favorably to Bill Clinton, with half saying Obama has been worse than Clinton and 12% saying better.gov
President Obama this week unveiled his plan to raise taxes on the wealthiest Americans in an effort to reduce the deficit, even though he could be sure that Republicans would reject the plan.
Clinton says Obama’s whole approach to the deficit is “a little confusing.”
He explains: “In the speech that the president gave to Congress, he didn’t propose any new taxes. The speech was $250 billion in tax cuts, $250 billion in spending over a period of two to three years. It focused mostly on a rather innovative set of payroll tax cuts and incentives to hire people.
“I personally don’t believe we ought to be raising taxes or cutting spending until we get this economy off the ground. If we cut government spending, which I normally would be very inclined to do when the deficit’s this big, with interest rates already near zero you can’t get the benefits out of it.
“So what I’d like to see them do is come up with a bipartisan approach, starting with the payroll tax cuts because they have the biggest return.