Bush Won't Second-Guess Obama

More

President Bush has recently defended his bailout decisions in response to the financial crisis, and tonight he tells CNBC's Larry Kudlow that he won't second-guess the later financial moves of his successor.

As Kudlow fishes for commentary on TARP and GM in an interview airing at 7 p.m., Bush says...

Pres. BUSH: ... I can't prove to you a depression was going to happen, but I can tell you one didn't happen, and I believe it's because of the government intervention. I'm not going to second guess what my successor has done, the policies that took place after I left office. That'll be up for historians and for the pundits such as yourself to analyze. And I've made it clear, and I want to make it clear on this show that I do not want to second guess and/or criticize the person who replaced me, President Obama.

KUDLOW: I understand. I'm going to respect that boundary, but I do...

Pres. BUSH: Well, you're trying to soap--rope me into--hook lining about the current moment...

KUDLOW: No, absolutely...

Pres. BUSH: ...which implicitly would lead to either praise or criticism.

As he explains his crisis-response decisions, Bush sounds a lot like President Obama explaining the stimulus, their common message being: I didn't want to increase government involvement in the economy and the financial system, and people don't like seeing that happen, but desperate times called for desperate measures.

Jump to comments
Presented by

Chris Good is a political reporter for ABC News. He was previously an associate editor at The Atlantic and a reporter for The Hill.

Get Today's Top Stories in Your Inbox (preview)

Social Security: The Greatest Government Policy of All Time?

It's the most effective anti-poverty program in U.S. history. So why do some people hate it?


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Adventures in Legal Weed

Colorado is now well into its first year as the first state to legalize recreational marijuana. How's it going? James Hamblin visits Aspen.

Video

What Makes a Story Great?

The storytellers behind House of CardsandThis American Life reflect on the creative process.

Video

Tracing Sriracha's Origin to Thailand

Ever wonder how the wildly popular hot sauce got its name? It all started in Si Racha.

Video

Where Confiscated Wildlife Ends Up

A government facility outside of Denver houses more than a million products of the illegal wildlife trade, from tigers and bears to bald eagles.

Video

Is Wine Healthy?

James Hamblin prepares to impress his date with knowledge about the health benefits of wine.

Video

The World's Largest Balloon Festival

Nine days, more than 700 balloons, and a whole lot of hot air

Writers

Up
Down

More in Politics

Just In