Now that the economy is tanking, free market absolutists and various GOP apologists are, predictably enough, twisting themselves into pretzels attempting to dodge responsibility for this latest and perhaps most spectacular of a seemingly endless series of Bush administration disasters. It’s all the fault of Fannie Mae and Freddie Mac, they claimed. No, it’s those nasty unions. When in doubt, blame Bill Clinton and racial minorities.
Before anyone forgets, here’s a Washington Post article outlining specific things the Bush administration did and did not do to help our economy crumble into the worst recession in years.
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