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Bill Clinton's Convention Remarks

10:47 PM, Sep 5, 2012 • By DANIEL HALPER
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One of the main reasons America should re-elect President Obama is that he is still committed to cooperation.  He appointed Republican Secretaries of Defense, the Army and Transportation.  He appointed a Vice President who ran against him in 2008, and trusted him to oversee the successful end of the war in Iraq and the implementation of the recovery act.  And Joe Biden did a great job with both.  He appointed Cabinet members who supported Hillary in the primaries.  Heck, he even appointed Hillary! I'm so proud of her and grateful to our entire national security team for all they've done to make us safer and stronger and to build a world with more partners and fewer enemies. I'm also grateful to the young men and women who serve our country in the military and to Michelle Obama and Jill Biden for supporting military families when their loved ones are overseas and for helping our veterans, when they come home bearing the wounds of war, or needing help with education, housing, and jobs.

President Obama's record on national security is a tribute to his strength, and judgment, and to his preference for inclusion and partnership over partisanship. 

He also tried to work with Congressional Republicans on Health Care, debt reduction, and jobs, but that didn't work out so well.  Probably because, as the Senate Republican leader, in a remarkable moment of candor, said two years before the election, their number one priority was not to put America back to work, but to put President Obama out of work. 

Senator, I hate to break it to you, but we're going to keep President Obama on the job!

In Tampa, the Republican argument against the President's re-election was pretty simple: we left him a total mess, he hasn't cleaned it up fast enough, so fire him and put us back in.

In order to look like an acceptable alternative to President Obama, they couldn't say much about the ideas they have offered over the last two years.  You see they want to go back to the same old policies that got us into trouble in the first place: to cut taxes for high income Americans even more than President Bush did; to get rid of those pesky financial regulations designed to prevent another crash and prohibit future bailouts; to increase defense spending two trillion dollars more than the Pentagon has requested without saying what they'll spend the money on; to make enormous cuts in the rest of the budget, especially programs that help the middle class and poor kids.  As another President once said – there they go again.

I like the argument for President Obama's re-election a lot better. He inherited a deeply damaged economy, put a floor under the crash, began the long hard road to recovery, and laid the foundation for a modern, more well-balanced economy that will produce millions of good new jobs, vibrant new businesses, and lots of new wealth for the innovators. 

Are we where we want to be? No. Is the President satisfied? No. Are we better off than we were when he took office, with an economy in free fall, losing 750,000 jobs a month.  The answer is YES.

I understand the challenge we face.  I know many Americans are still angry and frustrated with the economy.  Though employment is growing, banks are beginning to lend and even housing prices are picking up a bit, too many people don't feel it. 

I experienced the same thing in 1994 and early 1995.  Our policies were working and the economy was growing but most people didn't feel it yet.  By 1996, the economy was roaring, halfway through the longest peacetime expansion in American history. 

President Obama started with a much weaker economy than I did.  No President – not me or any of my predecessors could have repaired all the damage in just four years.  But conditions are improving and if you'll renew the President's contract you will feel it. 

I believe that with all my heart.

President Obama's approach embodies the values, the ideas, and the direction America must take to build a 21st century version of the American Dream in a nation of shared opportunities, shared prosperity and shared responsibilities.

So back to the story.  In 2010, as the President's recovery program kicked in, the job losses stopped and things began to turn around.

The Recovery Act saved and created millions of jobs and cut taxes for 95% of the American people. In the last 29 months the economy has produced about 4.5 million private sector jobs.  But last year, the Republicans blocked the President's jobs plan costing the economy more than a million new jobs. So here's another jobs score: President Obama plus 4.5 million, Congressional Republicans zero. 

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