Wednesday, Dec. 31, 2008
George W. Bush
A lot of the government decisions that led to our current pass were bipartisan. Some were the doing of Democrats. But you can't be a two-term President with your own party in charge of Congress for most of your time in office and escape blame for an economic debacle that unfolds as you prepare to leave town. The specific Bush act that probably contributed most to today's difficulties? His reckless disregard for sound fiscal policy, as his tax cuts and war spending combined to turn budget surpluses into chronic deficits.