Economy

Romney Adopts Failed 1992 George H. W. Bush Attack Line

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During Wednesday’s first presidential debate, Mitt Romney accused President Obama of supporting “trickle-down government.” The line resonated with some pundits, but it’s nothing new. President George H. W. Bush employed the attack in 1992 against President Bill Clinton. “He wants trickle-down government,” Bush said. “We do not need bigger government in Washington, D.C. We need to control that growth of spending, give the overtaxed taxpayer a little relief, and get this deficit down. That is my program.” Clinton’s economic polices created the first balanced federal budgets in a generation and an increase of more than 20 million jobs.