Bush & Christie Still Selling ‘Snake-Oil’ To Dummies

[Galraedia]

George W. Bush still doesn’t get it. Even after 8 years in office during which he lowered taxes on the wealthiest Americans, deregulated the banking industry, took the nation into two wars without a clue about how to pay for them; all of which resulted in the Great Recession and the largest recorded deficits in American history, the 43rd President of the United States yesterday denounced President Obama’s call for raising taxes on the richest Americans.

In a departure from his practice until now of not publicly criticizing his successor, while speaking on Tuesday to the New York Historical Society Bush invoked the Republican mantra: “If you raise taxes on the so-called rich, you’re really raising taxes on the job creators.” Bush went on to affirm the correctness of all of his failed economic policies as if history did not exist to serve as a valid witness to their failures:

We believe that one of the clearest expressions of freedom is that the aggregate demand of the citizens determine that which is produced. We trust people when it comes to spending their money, and so should our government. If the goal was public sector growth, it’d be a short conference. We believe that the best policy is that which creates a robust private sector.”

In fact, Bush remains so cocky-sure that the tax cuts he implemented which dramatically increased the national debt and did not as promised, stimulate the economy, told his New York audience that:

“I wish they weren’t called the Bush tax cuts, if they were called some other body’s tax cuts, they’re probably less likely to be raised.”

Read more: http://www.addictinginfo.org/2012/04/11/bush-christie-still-selling-snake-oil-to-dummies/

[GreatCaesarsGhost]

1. W introducing Christie: "we see your enormous personality in Texas..."

c-span replayed the event tonight.