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David Boaz slams Bush’s comments on economy

David Boaz takes on the hubris of George W. Bush:

The president who

  • expanded federal spending by more than a trillion dollars a year, before his disastrous last hundred days
  • federalized education
  • laid out “a smorgasbord of handouts and subsidies for virtually every energy lobby in Washington.”
  • protected the steel, agriculture, and textile industries from foreign competition
  • backed farm bills with lavish subsidies for producers
  • created the biggest new entitlement since Lyndon Johnson
  • bailed out Bear Stearns, Fannie Mae, Freddie Mac, AIG, Bank of America, Citigroup, and dozens of other banks
  • provided government support for mortgages, credit cards, auto loans and other consumer debt, and
  • bailed out Chrysler and General Motors in direct defiance of Congress’s refusal to do so

now says that his successor is about to “replace the risk-and-reward model of the private sector” with “too much government involvement”? Shouldn’t President Bush be doing penance in a monastery somewhere, rather than embarrass the free-market cause by pretending that he wasn’t the biggest-government president in decades?

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