As always, the 1%-er Bill Clinton is fully supportive of policies that we know are destructive to America. Clinton helped ushered in the destructive economic policies that directly led to the economic meltdown that still plagues the US and now he's proposing more bad policies.
Clinton may have understood the 99% at one time but those days are long gone. Whether it's defending Wall Street, working for Wall Street or other radical plans of the 1%, Bill Clinton is no friend of the American middle class or poor. He represents everything that's wrong and destructive about the modern Democratic party.
More on Clinton's irresponsible tax cut proposal via CNBC:
"They will probably have to put everything off until early next year," he added. "That's probably the best thing to do right now. But the Republicans don't want to do that unless he agrees to extend the tax cuts permanently, including for upper income people, and I don't think the president should do that."
However, Clinton did say that Congress would be best off agreeing, at least for the time being, to extend all the tax cuts that are set to expire at the end of the year, including the so-called Bush tax cuts named after Clinton's successor, George W. Bush.
Those across-the-board cuts have been criticized by Democrats who say they were skewed toward upper-income earners.
