Bill Clinton is an astute politician. He considers Obama to be an amateur. Former President Clinton wants his wife Hillary to run for the presidency in 2016 but she considers loyalty to Obama to be more important.
Today, June 14th, Obama made an economic speech where he introduced no new policies or plans for the turning the economy around. This is a clear signal that he intends if possible to continue his spending strategy to pull the nation out of the doldrums. It didn’t work the first time so what makes him think it would work in his second term if elected?
Franklyn Roosevelt had the same policy of spend, spend, spend in the 1930’s and the Great Depression continued. The mantra then and now is we just didn’t spend enough. Well, they spent billions in the 1930’s and trillions under Obama with the same results, greater debt, high unemployment and a decrease in middle class wealth.
A second term for Obama would be a disaster for the nation and Hillary Clinton’s chances for the presidency in 2016. By remaining loyal to Obama, she would be stigmatized with being identified with his failed policies. Continued spending, no entitlement reforms, no tax code reforms, tax the wealthy more, etc. will only drive the nation deeper into debt. Obama’s spending strategy would alienate so many Americans that any Democratic candidate would stand little chance of being a contender for the presidency. This is why Bill Clinton has given faint praise to the president and why many former Hillary supporters have expressed doubt about Obama’s policies. They are political realists. A backlash against the Democrats will be the result. The more she sticks with the Obama Administration the more her chances slip away from being a serious challenger to a Republican candidate in 2016.