Former President Bill Clinton talked with Tom Brokaw about the state and future of the U.S. economy. Among the topics they discussed were federal debt, looming federal budget cuts in 2013 if Congress cannot reach a compromise on the budget, and political partisanship. In his comments President Clinton talked about the responsibility of voters for the state of the country, saying, “They go around telling everybody how sorry these politicians are, and they voted for all of them....The American people have got to take some ownership, too.” He also encouraged President Obama to focus more on his budget and deficit reduction proposals during the presidential race.
This program was part of a day-long Peterson Foundation forum on the U.S. economy and fiscal challenges.