Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Bush Warns of 'Too Much' Government

But he doesn't mention Obama by name

By John Johnson,  Newser Staff

Posted Nov 13, 2009 8:05 AM CST

(Newser) – George Bush has promised to steer clear of criticizing his successor's policies, but he seemed to come awfully close yesterday during a speech at SMU. "As the world recovers, we will face a temptation to replace the risk-and-reward model of the private sector with the blunt instruments of government spending and control," Bush said. "History shows that the greater threat to prosperity is not too little government involvement, but too much."

During a speech to unveil details of his planned presidential library at the school, Bush added that "the role of government is not to create wealth but to create the conditions that allow entrepreneurs and innovators to thrive," notes the LA Times. Bush, of course, approved a $700 billion bailout near the end of his tenure, but that "went against my free-market instincts" and was necessary to prevent a "major global depression."

Former President George W. Bush, left, and Laura at SMU.
Former President George W. Bush, left, and Laura at SMU.   (AP Photo/Tony Gutierrez)
Former President George W. Bush delivers a speech at SMU.
Former President George W. Bush delivers a speech at SMU.   (AP Photo/Tony Gutierrez)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Showing 3 of 38 comments
hwoodude
Nov 14, 2009 4:24 AM CST
How incongrous.....Bush, the great "decider" ...making a speech re" what "history shows!" at "his" future library! If this man - whose presidency is considered the worst ever by many, many scholars and historians , had ever taken the time to read history books, he would have discovered that military excursions into the middlle east is doomed. His comments on government control boogle the mind. Bush spent wildly with little control but with much lying, tapped our phones, failed at immigration and banking control, and allowed Bremmer, Rumsfeld,Cheney, Wolfowicz, et al to run wild! He more than showed his ineptness as a president and now it continues as an ex-president.
Mr.C
Nov 14, 2009 2:50 AM CST
WHAT A BIAS NEWS ARTICLE LEAVE CRAP LIKE, "OF COURSE" FOLLOWED BY A COUNTER-ARGUMENT OUT!
cognitivefilter
Nov 13, 2009 11:54 AM CST
free enterprise is over

More Newser Stories

Long Live the Chief: Presidents Usually Do

'Low Profile'? Bush Talks Rake in $15M

Why We Miss George W Bush

The Lowest Points of the 'Decade of the Oligarchs'

Bush as Motivational Speaker? It's Not That Funny


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne