John McCain And Jimmy Carter Slam George Bush

...Over The Economy

October 23. 2008

John McCain and Sarah Palin (Republicans)

Republican presidential nominee John McCain has slammed comrade George W. Bush over the collapse of the U.S. economy. Former President Jimmy Carter separately did the same.

Jimmy Carter (Democrat)

They are both correct in assigning blame to Bush, as he exercised such criminal negligence and corruption, something bad was bound to spring from it.

People have a right to be angry, as this carelessness is affecting the nation's future. It's very regrettable, as his father was prudent when he was president.

EXCLUSIVE: McCain lambastes Bush years

"We just let things get completely out of hand," he said of his own party's rule in the past eight years.”…

"Spending, the conduct of the war in Iraq for years, growth in the size of government, larger than any time since the Great Society, laying a $10 trillion debt on future generations of America, owing $500 billion to China, obviously, failure to both enforce and modernize the [financial] regulatory agencies that were designed for the 1930s and certainly not for the 21st century, failure to address the issue of climate change seriously."

http://www.washingtontimes.com

Ex-president Carter slams Bush on market crisis

BRUSSELS (Reuters) - Former President Jimmy Carter said on Friday the "atrocious economic policies" of the Bush administration had caused the worst global financial crisis since the Great Depression of the 1930s.

Carter told reporters on a stopover in Brussels that "profligate spending," massive borrowing and dramatic tax cuts since President George W. Bush took office in 2001 were behind the market turmoil and economic crisis.

"I think it's because of the atrocious economic policies of the Bush administration," said the 84-year-old Democrat, who served in the White House from 1977-1981 during a period of high inflation and energy crisis…

"The economic situation is an entrenched problem. It is going to take years to correct what has been done economically," Carter said, adding he hoped Democrat Barrack Obama would win and immediately improve Washington's image in the world.

http://www.reuters.com