Every time positive news about the economy has been reported since his election last November, Bill Clinton has tried to downplay the numbers as meaningless, I suppose in an effort to downplay the appropriateness of his predecessors policies or justify the need for his own.
In either case, he appears to be trying to deny that free market policies, combined with a positive economic outlook among the public can be the most powerful source of economic growth. Instead, he is in fact spreading gloom so that he may impose his will upon the economy.
This is a double whammy, because it first inspires despair, then weighs the economy down with government bloat, bureaucracy and intervention. This is like the coach whose team is on a winning streak, but makes a blockbuster trade because he feels he must contribute something to the team's success. The result is often a downward slide in the standings for the team and a place in the unemployment line for the coach.
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