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hasn't a clue what it means would say something that stupid.
Remember how Bill Clinton and George H.W. Bush responded in the 1992 debates to the question of how the deficit affects them?
Q: How has the national debt personally affected each of your lives. And if it hasn't, how can you honestly find a cure for the economic problems of the common people if you have no experience in what's ailing them? . . .
BUSH: Well, I think the national debt affects everybody. Obviously it has a lot to do with interest rates. It has --
Q: She's saying you personally.
Q: On a personal basis, how has it affected you -- has it affected you personally?
BUSH: Well, I'm sure it has. I love my grandchildren and I want to think that ----
Q: How?
BUSH: I want to think that they're going to be able to afford an education. I think that that's an important part of being a parent. I -- if the question -- if you're -- maybe I get it wrong. Are you suggesting that if somebody has means that the national doesn't affect them?
Q: Well, what I'm saying ----
BUSH: I'm not sure I get it. Help me with the question and I'll try to answer it.
Q: Well, I've had friends that have been laid off from jobs. I know people who cannot afford to pay the mortgage on their homes; they're car payment. I have personal problems with the national debt. But how has it affected you? And if you have no experience in it, how can you help us if you don't know what we're feeling?
Q: I think she means more the recession, the economic problems today the country faces rather than the deficit.
BUSH: Well, you ought to -- you ought to be in the White House for a day and hear what I hear and see what I see and read the mail I read and touch the people that I touch from time to time. I was in the Lomax A.M.E. Church. It's a black church just outside of Washington, D.C. And I read in the -- in the bulletin about teen-age pregnancies, about the difficulty that families are having to meet ends -- to make ends meet. I talk to parents. I mean, you've got to care. Everybody cares if people aren't doing well. But I don't think -- I don't think it's fair to say, You haven't had cancer, therefore you don't know what it's like. I don't think it's fair to say, you know, whatever it is, that if you haven't been hit by it personally -- but everybody's affected by the debt because of the tremendous interest that goes into paying on that debt, everything's more expensive. Everything comes out of your pocket and my pocket.
So it's, it's sad, but I think in terms of the recession, of course you feel it when you're President of the United States. And that's why I'm trying to do something about it by stimulating the exports, investing more, better education system. Thank you. I'm glad to clarify it.
Q: Governor Clinton.
CLINTON: Tell me how it's affected you again. You know people who've lost their jobs and lost their homes.
Q: Well, yeah, uh-huh.
CLINTON: Well, I've been governor of a small state for 12 years. I'll tell you how it's affected me. Every year, Congress and the President sign laws that makes us -- make us do more things and gives us less money to do it with. I see people in my state, middle-class people, their taxes have gone up in Washington and their services have gone down while the wealthy have gotten tax cuts. I have seen what's happened in this last four years when in my state, when people lose their jobs, there's a good chance I'll know them by their names. When a factory closes I know the people who ran it. When the businesses go bankrupt, I know them. And I've been out here for 13 months meeting in meetings just like this ever since October with people like you all over America, people that have lost their jobs, lost their livelihood, lost their health insurance.
What I want you to understand is the national debt is not the only cause of that. It is because America has not invested in its people. It is because we have not grown. It is because we've had 12 years of trickle-down economics. We've gone from first to 12th in the world in wages. We've had four years were we've produced no private-sector jobs. Most people are working harder for less money than they were making 10 years ago. It is because we are in the grip of a failed economic theory. And this decision you're about to make better be about what kind of economic theory you want. Not just people saying I want to go fix it but what are we going to do. What I think we have to do is invest in American jobs, American education, control American health care costs and bring the American people together again.
Sounds like the apple doesn't fall far from the Bush. Junior is better at sounding folksy, but he doesn't have any more of a clue than his old man about how most Americans are affected by the economy.
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