Ex-Presidents

Bush Went Against 'Free Market Instincts'

Former President Bush cannot, apparently, spot the contradiction. “I went against my free-market instincts and approved a temporary government intervention to unfreeze the credit marks so that we could avoid a major global depression,” Bush said at the unveiling of he George W. Bush Presidential Center at Southern Methodist University in Dallas, before going on to say that “History shows that the greater threat to prosperity is not too little government involvement, but too much.” He went on to warn the world against “the temptation to replace the risk and reward model of the private sector with the blunt instruments of government spending and control.”