I still see this glib indictment of bush as a root problem of conservatism.
Bush’s spending was indeed distinct. The democrats did indeed seek to incite a financial bank panic in fall 2008. In January 2007 democrats in congress such as Obama deregulated the GSEs Fannie and Freddie to pop the real estate bubble.
Despite these adverse partisan acts to bring the election of Obama bush expended only half of the TARP funds. Bush’s stipulations on TARP are the height of fiscal conservatism.
The funds were specifically targeted to banks in crisis.
The funds had to be paid back.
The funds had to be paid back with interest.
What govt programs have ever done this?
All the bush funds have been paid back. The same is not true of obamas expenditures.
Well that is simply nonsense since Bush was never a Conservative.