Talk about flip flop flipping.. former President George W. Bush, at his recent speech at the Southern Methodist University, said: "....History shows that the greater threat to prosperity is not too little government involvement, but too much." Perhaps he can explain his remarks made right before leaving office: " I went against my free-market instincts and approved a temporary government intervention to unfreeze the credit markets so that we could avoid a major global depression." But his recent words DO bring back memories of 8 years of Bushisms relating to his views on the economy:
"One of the very difficult parts of the decision I made on the financial crisis was to use hardworking people's money to help prevent there to be a crisis." --George W. Bush, Washington, D.C., Jan. 12, 2009
"In terms of the economy, look, I inherited a recession, I am ending on a recession." --George W. Bush, Washington, D.C., Jan. 12, 2009
"You know, I'm the President during this period of time, but I think when the history of this period is written, people will realize a lot of the decisions that were made on Wall Street took place over a decade or so, before I arrived in President, during I arrived in President." --George W. Bush, ABC News interview, Dec. 1, 2008
"You know, I'm the President during this period of time, but I think when the history of this period is written, people will realize a lot of the decisions that were made on Wall Street took place over a decade or so, before I arrived in President, during I arrived in President." --George W. Bush, ABC News interview, Dec. 1, 2008
"So I analyzed that and decided I didn't want to be the president during a depression greater than the Great Depression, or the beginning of a depression greater than the Great Depression." --George W. Bush, Washington D.C., Dec. 18, 2008
"I've abandoned free market principles to save the free market system." --George W. Bush, Washington, D.C., Dec. 16, 2008
"The economy is growing, productivity is high, trade is up, people are working. It's not as good as we'd like, but -- and to the extent that we find weakness, we'll move." --George W. Bush, Washington, D.C., July 15, 2008
"We got plenty of money in Washington. What we need is more priority." --George W. Bush, Washington, D.C., June 2, 2008
"There's no question about it. Wall Street got drunk -- that's one of the reasons I asked you to turn off the TV cameras -- it got drunk and now it's got a hangover. The question is how long will it sober up and not try to do all these fancy financial instruments." --George W. Bush, speaking at a private fundraiser, Houston, Texas, July 18, 2008
"Anyone engaging in illegal financial transactions will be caught and persecuted." --George W. Bush, Washington, D.C., Sept. 19, 2008
"Wait a minute. What did you just say? You're predicting $4-a-gallon gas? ... That's interesting. I hadn't heard that." --George W. Bush, Washington, D.C., Feb. 28, 2008
George W. Bush warns about too much government....
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