Read the Bills Act Coalition

Friday, November 13, 2009

Bush warns of threats to freedom, economic growth - Washington Times

From Washington Times:

Former President George W. Bush, outlining plans for a new public policy institute, on Thursday said America must fight the temptation to allow the federal government to take control of the private sector, declaring that too much government intervention will squelch economic recovery and expansion....With the Obama administration establishing far-reaching controls in the auto, real estate and financial sectors, Mr. Bush said that "the role of government is not to create wealth, but to create the conditions that allow entrepreneurs and innovators to thrive." ..."As the world recovers, we will face a temptation to replace the risk-and-reward model of the private sector with the blunt instruments of government spending and control. History shows that the greater threat to prosperity is not too little government involvement, but too much," said Mr. Bush, who has remained largely out of the limelight since leaving office and rarely criticizes his successor.




Read Here: Bush warns of threats to freedom, economic growth -Washington Times

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