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He did do that, and i remember clearly at the time the markets were looking forward to because there was a great deal of suspicion that he was another tax and spend liberal and not a new democrat. and he put pen to paper and told bob rubin at the time, we are all eisenhower republicans now. but it worked. >>guest: it really worked. bill clinton was a great president all joking aside. but, he was a great president. and, obviously, in conjunction with newt gingrich it was a bipartisan congress. with welfare reform. and president obama is spending more than anyone. and it is not bipartisan congre...

Bill clinton is an economic friend of mine. mr. president, you are no bill clinton. here is art to say why. art? >>guest: yes. >>neil: what do you make of this? >>guest: you know, bill clinton cut government spending as a share of g.d.p. by more than the next four best presidents combined. obama increased it enormously. bill clinton reappointed reagan's fed chairman twice. you have bernanke in there doing crazy stuff. and bill clinton got rid of the retirement test on social security and he passed nafta through congress. and it was the biggest capital gains cut in our history. just amazing. pr...

Convince independent voters. >>neil: i ask this because, and you are a great student of history, populist campaigns do not generally work. it does not mean they cannot make a fight, but the harry truman example was raised in 1948 and i say very different circumstances. he was running against a monolithic congress and now the nat is under democrat leadership. the populist campaign by and large do not work. it is a populist approach this president is taking. >>guest: i agree. when you see democratic candidate whose move toward the populist line and i think of jimmy carter in 1980 they don't do t...