Tuesday, December 2, 2008

Bush is sorry about the financial crisis

"President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession."
The Bush administration and the Fed just committed another $800 billion to break through blockades on credit cards, auto loans, mortgages and other borrowing, raising the government's commitment to almost $7 trillion dollars.
In the article, Bush looked back at this presidency and appeared to evaluate himself. He admitted that the crisis is happening during his administration, but also noted that this is the result of decisions that took place a decade ago. He also said the biggest regret of his presidency was the "intelligence failure" regarding the extent of the Saddam Hussein threat to the United States, which led to the U.S.-led invasion of Iraq in March 2003.
There is always some types of criticism for any president. How do you evaluate Mr. Bush?

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