Word: bushã
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...Ottoman Empire, many of them victims of mass killings and forced deportations.” Ironically, many Turkish activists celebrated this description for its omission of the word “genocide,” despite its overwhelming castigation of the events in all other ways. Never mind Bush??s accusation that their forebears had executed a campaign of forced deportation and mass murder; as long as the word “genocide” was not mentioned, they believed that they...
...create the conditions from which our current crisis stems, but a closer inspection suggests that Democrats deserve the most blame. Both the Bush and Clinton administrations (but especially Clinton’s) recklessly pushed to expand home ownership, fuelling the bubble in housing prices and its collapse. Former President Bush??s failure to regulate Fannie Mae and Freddie Mac permitted the crisis in subprime mortgages to build, though congressional Democrats bear the lion’s share of blame for their obstructionism: They opposed a Bush administration proposal for greater regulation, even though Fannie and Freddie?...
...Noticeably absent from this explanation of the recession is any mention of Bush??s tax policy, health-care plans, climate-change proposals, education programs, or foreign policy. Reading The Crimson, however, you’d think the president’s policies broke the economy by themselves. Bush-hating revisionists use the unpopularity of our 43rd president to discredit conservative policies in general. But Bush??s failure to regulate financial and housing markets should not be confused with his success in economic growth, trade, education, and health care...
...Other than tax policy, Bush??s efforts in other areas of the economy led to significant successes that have likely mitigated the current recession. Besides the Central American Free Trade Agreement, he more than quadrupled the number of trade agreements between the U.S. and other countries and would have implemented others with nations like Colombia had congressional Democrats let him. Expansions of free trade offer a potential first step to economic recovery: After all, in the beginning throes of the crisis in 2007, it was double-digit annualized export growth that kept GDP growing despite lagging consumption...
...Bush??s actions on taxation, trade, health care, education, and climate more likely cushioned the economic collapse than contributed to it. The Bush administration, the Clinton administration and both Republican and Democratic Congresses all deserve blame for their failures in financial market regulation and shortsighted home ownership initiatives. To blame Bush??s entire domestic policy agenda for the economic crisis, however, mistakes correlation for causation in the worst...