Democratic Convention – Clinton Brings Down the House – Some Inaccuracies


No question the highlight of the Democratic convention was the powerful, and very long speech delivered by former President Bill Clinton.  The first order of business was to formally nominate President Obama for re-election which he did in grand style.  No one can question his ability to deliver a speech.  He was always a great orator and maintains his place among the greats including Reagan and President Obama.  But while his delivery was flawless, some of what he said wasn’t exactly accurate.  For example, when President Clinton stated, “for the last two years, health care costs have been under 4% in both years for the first time in 50 years” He left out one very important fact.  Many of President Obama’s healthcare reform cost cutting measures haven’t even taken effect.  Certainly, two years ago would not have been influenced at all by healthcare reform.  The fact is, healthcare has been growing at a slow rate because of the weak economy.   Many people have lost jobs and their health insurance helping to slow down the rate of increase.  Another example which absolutely made me laugh but was overlooked by the enormous egoed former President, was his comment about fact checkers.  He stated that “their campaign pollster said”  “we’re not going to let our campaign be dictated by fact checkers”.  “Now that is true, I couldn’t have said it better myself”  In his statement he was obviously questioning the truth and integrity of the Republicans.  But if he remembers back to his Presidency a very calm, collected and straight forward Clinton stated to the entire country, “I did not have sexual relations with that woman”.  He of course later recanted on national television stating that he did “have an inappropriate relationship”.  Now I had no problem with the President having extra curricular activities.  That was between he and his wife.  But I have a real problem with men living in glass houses who throw stones.   Finally, what the President failed to mention at the end of his Presidency was Federal Reserve Chairman Alan Greenspan warning that “we are entering a period of considerable turbulence in financial markets”.  That was what President Bush had to deal with when taking over from Clinton.  Then, one year later, 9-11 occurred. That only helped exacerbate already difficult financial circumstances.  But before allowing the Democrats to bash Bush, the fact remains, from 2000 until 2007, the unemployment rate was relatively stable.  In fact, in the entire year of 2006 unemployment never exceeded 4.8%.  And in December of 2006 and January of 2007, the unemployment rate was 4.4% and 4.6% respectively.  When President Bush left office, the unemployment rate was 7.4%.  Now it’s true President Obama inherited an economy in decline but all the stimulus money did is ward off the inevitable and balloon the deficit.  It’s like having one hundred thousand dollars to purchase a Maserati but once the money is spent not being able to afford the gas or repairs.  That’s where we are now.  So yes, Clinton’s speech was huge and played well to the audience, but facts do matter, even when it comes to Clinton.  The question for tonight is, can President Obama stay on point, give only the facts and match or surpass what Clinton delivered?  Stay tuned.

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