In a setback to Mitt Romney, Republican nominee for the White House, former President Bill Clinton called for the re-election of Barack Obama on the grounds that he was pursuing a policy of job growth unlike Republicans whose 'economics was crazy'.
BACKING BARACK Obama for a re-election this year, former US president Bill Clinton has warned the Americans that choosing Mitt Romney as the next president will spell doom for the country. Maintaining that Obama had done the best in a challenging situation, Clinton derided Republicans for their economic policies, saying that they were focusing on 'wrong-headed' economics.
US economy and jobs are the two factors that will decide the White House candidate in the 2012 elections and the statement of husband of secretary of state, Hilary Clinton, will certainly dent the image of Romney, at least in the minds of voters, who picked up Clinton while he was the president from 1993 to 2001.Blaming Europe's current economic woes for slow down, Clinton said that Romney was looking at the Europe policy. “The other is that the Republican Congress and their nominee for President, Governor Romney, have adopted Europe's economic policy,” The Telegraph quoted Clinton."Who would have ever thought that the Republicans who made a living for decades deriding 'old Europe' would embrace their economic policy? But that's what they've done. Their economic policy is austerity and unemployment now, and then a long-term budget that will explode the debt when the economy recovers so that interest rates will be so high nobody will be able to do anything," he added.Speaking at a fund-raising event with Obama, Clinton said that Obama was pursuing a policy of job growth and along-term budget restraint. “He has the right policy and the right political approach”, clinton said, adding, 'he deserve sto be re-elected”, before joking that 'he has a pretty good secretary too'.Calling Romney 'calamitous for the country and the world', Clinton said that the 'politics on the Republican side was wrong and their economics was crazy. Analysts say that Clinton's ability to deliver campaign dollars is an asset to Obama's campaign. This, they believe will be a setback for Romney and his campaign machinery since Clinton is seen as a sound campaign strategist.