No president could have ‘magically healed’ economy in one term: Bill Clinton

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Washington, Sept. 24: Former president Bill Clinton has once again offered a strong defense for President Barack Obama’s re-election bid, arguing that no president could have ‘fully healed’ the American economy in one White House term of four years.

“That’s why we’ve got to keep working at it,” Clinton said.

“His jobs record is actually better than the Bush administration’s”, he said, adding: “No president could have ‘magically’ returned the country back to full employment in just one term”.

Clinton argued that Obama’s efforts have reversed the downward spiral of losing up to 800,000 jobs per month.

According to CBS News, Clinton said that the Republicans ‘militant anti-government’ approach will not benefit the economy.

“There is ‘no evidence’ that Mitt Romney’s “militant anti-government approach will work,” Clinton said.

He said that Obama’s ‘balanced’ economic proposal of investment, revenue increases and a spending reduction plan is ‘more likely to produce broad-based prosperity than Romney’s.’

Clinton too questioned Romney’s taxes, saying the latest release of his tax returns don’t tell the entire story.

“It’d be interesting to see how the ordinary income years were treated,” Clinton said, adding: “We’re not going to be able to see that.” (ANI)