Tuesday, November 17, 2009

Bush warns of threats to freedom, economic growth

From the Washington Times:

Former President George W. Bush, outlining plans for a new public policy institute, on Thursday said America must fight the temptation to allow the federal government to take control of the private sector, declaring that too much government intervention will squelch economic recovery and expansion.

With the Obama administration establishing far-reaching controls in the auto, real estate and financial sectors, Mr. Bush said that "the role of government is not to create wealth, but to create the conditions that allow entrepreneurs and innovators to thrive."

Damn. I wish he had been that conservative when he was president. As it is, thanks for TARP and the first bailouts, George.

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