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...George W. Bush's biggest economic mistakes...

Author: /time Magazine | Title: Will a Mark-to-Market Fix Save the Banks? | 3/11/2009 | See Source »

...moderate concerns, Obama took steps to make his budget more transparent, a point his team never tires of pointing out. He included items that President George W. Bush did not to obscure the true operating cost of the government, such as the money for the wars in Iraq and Afghanistan, an annual multibillion-dollar fix of the fees that Medicare pays physicians and Alternative Minimum Tax relief for the middle class. "At least the budget that the Obama Administration presented, even though it's huge and it's a huge deficit - and that enables the other team to beat...

Author: /time Magazine | Title: Can Obama Keep Moderate Dems in Line on His Budget? | 3/11/2009 | See Source »

President Barack Obama isn't as great as he thinks he is. To be fair, neither were Presidents Bush or Clinton - or Washington or Lincoln, for that matter. The same can be said for every general who ever commanded an army or every boss who ever ran an office. The fact is, if there's one thing that defines people in powerful positions, it's that they overestimate what they can do with that power...

Author: /time Magazine | Title: Why Powerful People Overestimate Themselves | 3/10/2009 | See Source »

...with bills to pay may smell something funny in fiscal instruments with names like "credit-default swaps," but when you work on Wall Street and people call you a "master of the universe," you think you can make the things pay off. Even nonpartisans would agree that George W. Bush waded into the Iraq mess with more certainty than strategy. And Bill and Hillary Clinton might actually have achieved health-care reform if they had tried negotiating with the opposition instead of steamrolling it. (See George W. Bush's biggest economic mistakes...

Author: /time Magazine | Title: Why Powerful People Overestimate Themselves | 3/10/2009 | See Source »

...Bosworth and, earlier, his boss, Secretary of State Hillary Clinton, have already beseeched the Chinese to intervene with the North, and diplomats in Seoul say that Beijing has done so. If Pyongyang ignores that counsel, says Victor Cha, former director of Asian affairs on President Geroge W. Bush's National Security Council, the Obama Administration will face two key choices: go to the United Nations to seek broad international sanctions against Pyongyang or reimpose the U.S.'s own financial sanctions, which infuriated the North's leadership precisely because they effectively cut off Pyongyang's access to the international financial system...

Author: /time Magazine | Title: North Korea's Nuke Saber-Rattling: A Test for Obama | 3/10/2009 | See Source »

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