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Obama running on Bill Clinton’s record?

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    Former President Clinton stars in campaign ad for Obama re-election

  • Duration 7:15
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The top story President Obama is having trouble running and is on record so he's turned to former President Bill Clinton to pitch the voters.

And remind them what life was like in the ninety's.

This is a clear choice they're Republican plan is to cut more taxes on upper income people and go election deregulation that's what got us in trouble in the first place President Obama has a plan to rebuild America from the ground up investing in innovation education and job training.

It only works if there is a strong middle class.

That's what happened when I was -- -- we need to keep going with his plan.

Does -- -- and the focal point of a campaign a winning strategy.

Let us now Fox News contributor Kirsten Powers and former special counsel to the aforementioned President Clinton.

Lanny Davis.

And while -- let's start with you here.

Joseph Biden was right when he referred to the twentieth century right because.

It's going back to the 90s I am Michael.

So long ago that President Obama was talking about that whole fairy tale and Barack Obama's position on this -- that issue what's going on well.

It's nice to know that Barack Obama appreciates Bill Clinton and his presidency and it's nice to know that the policies that took.

Deficit of 300 billion dollars in those days that sounded like a lot.

And ended up with a trillion dollars at the end of the decade with the help of Newt Gingrich and the Republicans I -- -- Bill Clinton is a pretty good model where a bipartisan.

Approach gave his fiscal conservatives and -- surplus.

That's an important message for Barack Obama to -- -- Bill Clinton will give it credibility.

-- I think when he touched on an interesting point.

Bill Clinton understood that at some point he had to actually work.

With the politics as it faced him right it was it was there -- Republicans on the hill.

He actually had to work for them.

Now we have reports that President Obama hasn't spoken to.

Republican leadership and -- a real way and about a year and pretty much isn't talking all that often the Democrats either it seems like he's just going forward campaigning raising money.

Doing his own unilateral lows but not really working for that financial consensus that I think President Clinton did.

Well yeah I wasn't just that Bill Clinton was want to talk to them I think it's that he was actually willing to meet in the middle of the events sometimes.

You know come a little bit over to their side of of things if they could if they can get together on the bigger issues and -- and President Clinton came in early and really wanted to do something about.

The deficit so.

He was able to find a partnership there -- another big difference between them -- also with a Bill Clinton was just good at persuading other people that thought differently.

From Hammond and was comfortable -- people.

That were different and I think Obama just kind of when he found that he wasn't getting anywhere -- just sort of pulled back and and how much space for the Republicans weren't really that interest in working with him anyway -- they needed to be cajoled.

Lanny I am if I'm if I'm at -- at this point what I would say -- Well look -- all had the chance to go along with the Simpson Bowles Erskine Bowles -- work -- Bill Clinton of course.

I commission's report on how to deal with its financial -- that Oran.

And he basically just load off.

So so if Clinton is dancer.

Why didn't -- -- -- take the opportunity to work with a one of his stuff former top advisors.

And Bill Clinton I think is supportive of the approach taken by Simpson Bowles and I didn't personally disappointed that President Obama didn't endorse that -- -- he's trying to get the reflective glory of something that he rejected but this is perhaps is signaled by.

Barack Obama which I've been waiting for to move to the center.

He should -- in his acceptance speech and since involves governor Romney and Paul Ryan voted against Simpson -- -- Dick Durbin.

And Tom Coburn left and right supported it.

So this could isolate Mitt Romney if maybe choosing Clinton as -- Wednesday night speak.

Speaker and this commercial indicates Barack Obama is getting the message.

That you can be socially progressive and fiscally conservative as Bill Clinton was and that's a successful test tonight.

Member of just.

And as a matter of I should say just it's factual record now and any idea that.

Barack Obama and Bill Clinton are kind -- You know I'm in parity and economic records is ridiculous I mean we have one point one trillion dollars in person you can hit on us.

That's going to be added to the -- -- to the deficit next year one point one trillion dollars.

And that Bill Clinton -- didn't have that kind of problem -- is that we have sixteen trillion dollars in federal debt Bill Clinton didn't have that problem.

He dealt more of what the real political situation that faced him then as an ideologue -- the ideologues think -- work primarily on Atlantic knows that.

Well I think like they did face very different circumstances to be fair though I am I.

I guess would have to ask Bill Clinton what he -- dot he has sort of publicly endorsed what Obama has done I'm not sure that he would've handled it exactly the same way I suspect that.

Or who knows maybe I mean what -- now Bill Clinton may -- would not have done you know health care in the first.

-- the way Obama did and focus more on the economy and and an unemployment but.

But they did they did come -- -- very very different circumstances Obama came in with -- you know everything falling apart.

Yeah a lot of that that is true however Bill Clinton has been working on all these big hedge fund guys for the last several years and a lot of -- friends it is a lot of them that donated big money to that Clinton Global Initiative.

He's very friendly in the financial world people like him I think he's.

-- more of a centrist senate again a left wing ideologues.

And he called Mitt Romney's record sterling.

At Bain Capital.

He recommended that the tax cuts be extended during this recessionary period I don't -- kind of try to back up but.

A lot we don't know that Bill Clinton would not be raising taxes in the -- that recession do you think.

President Clinton would actually move to raise taxes on upper income brackets -- -- given where this country's economy is right now.

I'm I really don't know he did in 1993 raise taxes and cut spending by totaled one.

-- one trillion dollars in Betty stay injury Lanny what do you just sit in May that he would not did you think he.

Not lying on -- when he said we shouldn't extend those that we shouldn't.

We should raise taxes and an -- I think right now raising taxes would be a bad idea of I don't think President Obama is proposing that but I do think there's one important it is proposing the tax rates go up and it's a huge part of the fifth and kind of -- a tiny sliver that even he acknowledges want to end up until about seven.

100000 jobs according to Ernst and young won't dent the deficit because they're very -- and it's a small mama look Bill Clinton has said nice things about Mitt Romney and the style of Bill Clinton is not to demonize the opposition I hope that.

Barack Obama also is telling us.

No more demonization.

No more attacks on -- debate the issues the -- Bill Clinton can call Mitt Romney a good man.

-- patriotic man let's debate the -- -- the Bill Clinton's -- person you think that imminent.

Nation is over from the Obama campaign.

No I don't think I I might -- -- the latter that I know that's the good segment on them enough this time okay.

-- -- I appreciate it guys thanks so much and mountain.

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