Carney: Obama "Believes Deeply In The Power Of Business In America To Create Jobs"
White House press secretary Jay Carney is asked about the economy under Bill Clinton. Carney says regulations in the Clinton-era had a lot to do with the booming economy.
QUESTION: [inaudible] "¦ regulation impedes economic growth, the opposite, empowering the individual, promotes economic growth and that Poland is an example of the kinds of economic proposals that Romney would put in place if he were president.
JAY CARNEY: Here's what I would say, and it goes back to the answer I gave Brianna on the Clinton years. This president believes deeply in the power of business in America to create jobs, the importance of making sure that regulations that are in place do not hamper economic growth and job creation even as they ensure the protection of the American people -- the air we breath, the water that we drink.