Perino: Bush Made Market Go Up
Ex-press secretary says W. created recent uptick.
File this one under "unexpected": Former White House press secretary Dana Perino says her old boss, George W. Bush, deserves credit for the stock market's recent uptick. Though Perino acknowledged that it is "not a secret" that the economy fell apart on Bush's watch, he also "alleviat[ed] the downturn." In an interview on CSPAN's Washington Journal Perino referred to the Dow's recent turnaround: "Can all the credit go specifically to President Obama? Well, I would say no. We are just going to have to take a while to let all of this settle down and let the policies that our administration and the new administration are trying to put in place have a chance to work." As for Obama's complaints about "inherited problems," Perino argued that Bush, too, inherited "a recession" in the form of the burst technology bubble, but refrained from blaming Clinton. "The danger I think—and I would say we fell into this a bit as well—is that if you constantly blame the person before you, you are not able to move forward and look forward."
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