We're not proposing anything other than returning to the tax rates for the wealthiest Americans that existed under Bill Clinton. I played golf with Bill Clinton today. I was asking him, how did that go? (Laughter.) Well, it turns out we had a lot of jobs. The well-to-do, they did even better. So did the middle class. We lifted millions out of poverty. And then we cut taxes for folks like me, and we went through a decade of zero job growth.
So government created jobs by taxing the rich? And then by not taxing the rich we had zero job growth? Really? I'm sure something called the Internet which allowed for historic productivity gains (the highest in decades) as well as the PC revolution had something to do with it. So I think companies like Cisco, Dell, Oracle and Microsoft had more to do with the jobs in the 1990's than Clinton's tax rates. But I guess for Obama, private enterprise is only a problem to be solved, not a solution to problems in itself.