Former President Bill ClintonBill ClintonTrump to attend Army-Navy football game Donald Trump will be president — but a President Trump may not be what voters expected Emanuel flips the bird when asked about 2020 MORE on Monday accused Republican presidential nominee Mitt Romney and the Republican Congress of having "adopted Europe's economic policies" of austerity.
Speaking at a New York fundraiser for President Obama, Clinton said Obama has the "right" economic policy to promote job growth and long-term budget restraint.
The comments come as European countries attempt to resolve the Euro crisis that has plagued the markets in recent weeks.
The former president — speaking at the home of a hedge fund manager — added that "the politics is wrong on the Republican side, the economics are crazy."
Clinton said Romney would be "calamitous" for the country and the world. Obama, he said, has good politics, he's got a good record, he's made the best of a very challenging situation, he deserves to be reelected."