Yesterday I had the benefit of seeing George W Bush speak at a conference. He had a roaring standing ovation several times! Since it is "cool" to be a Bush hater, most people are probably wondering how this could be.
My favorite part was when he was asked about making tough decisions. Bush said last September he was in the White House with Paulson, Bernanke, and a lot of other smart people and they explained to him that if they do nothing, we will likely have a depression. Then they said if we intevene, we can likely stop the country from heading into depression. It was an easy choice.
This cracked me up! It must have been the tone of voice and facial expression because as I write this I imagine you aren't laughing.
He followed that up by saying that the key to his intervention was that everything they did was 'temporary' in nature and meant to simply provide a stop-gap.
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