Karen Hughes: Bush rescued the economy (Raw Story)

[Amerigo Vespucci]

Karen Hughes: Bush rescued the economy

http://rawstory.com/2010/01/karen-hughes-bush-rescued-the-economy/

By David Edwards and Gavin Dahl
Sunday, January 17th, 2010 -- 1:09 pm

George W. Bush rescued the economy from collapse, according to Karen Hughes. Bush's former campaign director attacked President Barack Obama on NBC Sunday, defending the record of her former boss on the economy.

Speaking about Obama's successes, journalist Mark Halperin praised the current president's handling of the economy. "He's done, I think, an extraordinary job running the government under difficult circumstances. He managed the economic crisis, kept the world from going into depression," said Halperin.

But Hughes quickly took objection to Halperin's assessment. "I have to disagree with you, Mark, about rescuing the economy," she said. "I think that happened before President Bush left office when they took the action that they did on TARP and the banks have now repaid much of that money but that's what stabilized the economy and prevented the collapse of the financial system."

Hughes proudly carried the torch for the forgetful right-wing Sunday. "2009 was the year of the greatest anxiety I've ever seen among the American people," she claimed.

"People were worried, they felt they were at the whim of these big forces beyond their control," she pointed out.