Channeling party's left, Clinton bashes Bush, defends husband
Hillary Clinton offered a strong defense of her husband's presidency on Friday as both Democrats and Republicans have started to link the former first lady to the economic policies of the 1990s.
Clinton's comments were more political than historical, and she offered a tough critique of former President George W. Bush as someone focused solely on tax cuts for the rich.
The former first lady, who's considering a presidential run in 2016, also painted a dower picture of Republican economic policies and commended the economic decisions of the Obama administration.
"The 1990s taught us that even in the face of difficult long term economic trends, it is possible through smart policies and sound investments to enjoy broad-based growth and shared prosperity," Clinton said during a speech at a New America Foundation confab, adding that her husband's years in the White House showed that "a rising tide really did raise all boats."
Clinton went on to say that the Bush years indicated "we can turn surpluses into debt, we can return to rising deficits."
"That is what happens when your only policy prescription is to cut taxes for the wealthy," she added.
In describing the Bush years, Clinton said the government "allowed the evolution of an entire shadow banking system that operated without accountability" and failed "to invest adequately in infrastructure, education, basic research and then the housing crash, the financial crisis hit like a flash flood."
Clinton overtly added politics to the speech, too, by mentioning the upcoming midterm elections.
"Americans will have choices to make about which path they want to go down and whether we will make the investments we need in our people," Clinton said of the November elections. "I will leave that discussion to others."
Republican attacks on Clinton have stepped up since the former secretary of state openly acknowledged that she was thinking about running for president. While many Republicans have focused on her record at the State Department and in the Senate, some have begun to take aim at Bill Clinton's economic record.
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Channeling party's left, Clinton bashes Bush, defends husband