Obama: Republicans Will Have To Overcome Bush Legacy

Start your day with TPM.
Sign up for the Morning Memo newsletter

In an interview with Rolling Stone magazine, President Obama talked about the campaign as a contrast between his agenda and that of the past eight years. Obama believes the challenge for his opponent will be to get out from under President George W. Bush’s legacy. The interview took place in early April, before Romney became the de facto nominee.

The challenge that they’re going to have is: We tried it. From 2000 to 2008, that was the agenda. It wasn’t like we have to engage in some theoretical debate – we’ve got evidence of how it worked out. It did not work out well, and I think the American people understand that.

Obama added that the election is close because the recovery is too slow, not because people actually prefer Republicans’ ideas.

Their vision is that if there’s a sliver of folks doing well at the top who are unencumbered by any regulatory restraints whatsoever, that the nation will grow and prosperity will trickle down. The challenge that they’re going to have is: We tried it. From 2000 to 2008, that was the agenda. It wasn’t like we have to engage in some theoretical debate – we’ve got evidence of how it worked out. It did not work out well, and I think the American people understand that.

 

Now, the burden on me is going to be to describe for the American people how the progress we’ve made over the past three years, if sustained, will actually lead to the kind of economic security that they’re looking for. There’s understandable skepticism, because things are still tough out there. You still have an unemployment rate that’s way too high, you have folks whose homes are underwater because the housing bubble burst, people are still feeling the pinch from high gas prices. The fact of the matter is that times are still tough for too many people, and the recovery is still not as robust as we’d like, and that’s what will make it a close election. It’s not because the other side has a particularly persuasive theory in terms of how they’re going to move this country forward.

Latest Livewire
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: