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Karen Hughes: Bush rescued the economy
Posted: Jan 18, 2010
Sunday, January 17th, 2010 -- 1:09 pm
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."
Hughes proudly carried the torch for the forgetful right-wing Sunday. "2009 was the year of the greatest anxiety I've ever seen among the American people," she claimed.
"People were worried, they felt they were at the whim of these big forces beyond their control," she pointed out.
The remainder of the article and video can be found at:
http://rawstory.com/2010/01/karen-hughes-bush-rescued-the-economy/
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Wonder how long it took her to get her foot out of her mouth. - TXMT
[ In Reply To ..]So, here we have Wâs former campaign manager trying to credit Bush with TARP, which has probably received more bashes from her partyâs loyalists and its fringe (with the possible exception of health care reform) than any other piece of legislation enacted since Obama took office. Wow! Amnesia is not her only problem. Whereâs the logic? Of course, she is overlooking the fact that Wâs leadership skills on that failed to get the bill passed. Before she uses that line again, she might want to read this article:
Bush (on TARP): âWhy did I sign on to this proposal when I donât understand what it does?â
http://wonkroom.thinkprogress.org/2009/09/15/bush-tarp/
That citation of the largest single day of demonstrations in world history before the Iraq invasion would tend to suggest levels of anxiety off the Richter scale, which fell on deaf ears, Hughesâ among others. Guess you canât remember stuff you never heard. Maybe Guiliani can help her out with what she really meant to say and provide her with a dozen or so versions of damage control.
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