The Big Dog Brings Down the House (Oh yes he does!)

                                  President William Jefferson Clinton speaking to the DNC 9/05/12

As wildly anticipated as was the Clinton speech, he did not disappoint.  He nailed every single aspect of the GOPs criticisms of the past four years.  And he did it with facts.  

Bill Clinton’s 48-minute speech at the Democratic National Convention Wednesday night was, as FactCheck.org put it, “a fact-checker’s nightmare: lots of effort required to run down his many statistics and factual claims, producing little for us to write about.”

Clinton’s numbers checked out, according to most fact-checking outlets, including Politifact, which has been accused of unfair exaggeration by liberals before. Though he frequently departed from the script, the former president correctly cited the statistics on Obama’s job growth, decreasing health costs since 2010, and the stimulus tax cuts for 95 percent of Americans.  ThinkProgress.com 

By the way, I channel surfed between Fox and MSNBC & NHTV (public television) and the biggest complaint I heard was "He talked too long."  Even the pundits at Fox News could not find anything substantial last night or this morning on which to call him out.  

Who Increased the Debt?

Who indeed?

Paul Krugman's  NY Times Op-Ed today focuses on the myth of debt recovery in the past.  

You often hear assertions to the effect that in the past the economy has always rebounded strongly after a recession, so there must be something special at work here — and that something special must be the socialist in the White House.

Yet the reality is that weak recoveries have actually been the norm for the last two decades: both the 1990-1991 recession and the 2001 recession were followed by prolonged “jobless recoveries”.

Take another look at what we're going through and tell me we should be out of danger now two years after the failure of the biggest banks and financial firms in the world as well as the automotive industry.  

Come on people.