Monday, August 9, 2010

Reuters-President Obama Attacks Bush Policies During Texas Visit

President Obama at the University of Texas-Austin: Jim Young/Reuters
(Story reported by Russ Colvin for Reuters News)


Texas (Reuters) - President Barack Obama attacked the economic policies of his Republican predecessor George W. Bush in Bush's home state on Monday as evidence of the way Republicans would operate if given power in November 2 U.S. congressional elections.

At a fund-raising event for Democrats in Dallas, where Bush now lives, Obama said the former president's "disastrous" policies had driven the U.S. economy into the ground and turned budget surpluses into deficits.

Obama defended his repeated references to Bush's policies, saying they were necessary to remind Americans of the weak economy he inherited from Bush in January 2009.

"The policies that crashed the economy, that undercut the middle class, that mortgaged our future, do we really want to go back to that, or do we keep moving our country forward?" Obama said at another fund-raising event in Austin, referring to Bush's eight years as president.

(click here to read the full story on the Reuters News website)

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