you can say that again.
The former President made the remarks at the unveiling of the George W. Bush Presidential Center at Southern Methodist University.
“I went against my free-market instincts and approved a temporary government intervention to unfreeze the credit markets so that we could avoid a major global depression,” Bush said.
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http://blogs.abcnews.com/george/2009/11/bush-i-went-against-my-freemarket-instincts.htmlThe free market instincts of Reaganomics is the problem. It has been eating away at the economic viability of our society since the 80's with off-shoring, hostile corporate takeovers and raping of companies. It has encouraged state and local governments to rebate excess taxes revenues rather than build up funds for economic downturns, it has force companies to run on debt to keep out raiders, and it has encouraged an environment of high speculation and financial manipulation to please stock analysts with quarterly profit short term lack of vision. It has also fostered high corporate salaries, benefits, and bonuses and force high salaries all the way doen the system to be competitive while regular workers are being paid less and less to do more and more work.
That isn't free amrket it is free-for-all market and it allows giant corporations to drive out and bury small business entirely. It is not business friendly, it is multi-national monopoly friendly. LOL