George W. Bush rescued the economy from collapse, according to Karen Hughes. Bush's former campaign director attacked President Barack Obama on NBC Sunday, defending the record of her former boss on the economy.
Speaking about Obama's successes, journalist Mark Halperin praised the current president's handling of the economy. "He's done, I think, an extraordinary job running the government under difficult circumstances. He managed the economic crisis, kept the world from going into depression," said Halperin.
But Hughes quickly took objection to Halperin's assessment. "I have to disagree with you, Mark, about rescuing the economy," she said. "I think that happened before President Bush left office when they took the action that they did on TARP and the banks have now repaid much of that money but that's what stabilized the economy and prevented the collapse of the financial system."
At a time when at least 140 banks failed just within weeks of Bush leaving the White House, record deficits due to excessive wars and tax breaks for the wealthy, and run away corruption from Wall Street and Corporate America; now Bush's friends claim he saved the economy.
Do the millions of unemployed Americans feel Bush saved the economy? Do the millions who have faced or are about to face foreclosure feel Bush saved their homes? Do those victims from Katrina, who were abandoned by Bush and left with nothing think Bush saved the economy?
Bush has been hiding in the rag weeds of Texas while millions upon millions are suffering at the despicable policies of George W Bush. Bush didn't save the economy, he turned it into Hell on Earth!
