I wanted to flag for you this opinion piece I wrote, “Time for Romney to Defend Bush,” which is running in Politico today.
The idea is that Romney can’t really promote conservative polices until he can defend himself from the Obama charge that he would just wreck the economy like Bush did.
And he can only do this by making the point, which he should have made long ago, that BUSH DIDN’T WRECK THE ECONOMY. The Great Recession was created by liberal housing polices that put people in homes who couldn’t afford them, leading to the subprime crisis.
From the article:
Cowering in their Boston bunkers, fearful of being instantly turned to stone should they touch anything having to do with former President George W. Bush, the Romney team has failed to counter the White House storyline that Bush policies caused the massive recession Obama faced when he took office . . .
Romney should long ago have seized upon one viewpoint, making the well-documented, widely believed case that what caused the Great Recession was interference in markets driven largely by liberals in Congress and the Clinton administration.
The root of the crisis, as New York Times reporter Gretchen Morgenson and mortgage and housing expert Joshua Rosner described in their book “Reckless Endangerment,” is not the top marginal tax rate, but the misguided effort begun during the Clinton administration to increase home ownership among low wage earners.
Yes, the same Clinton who revved Democrats into a frenzy at the convention in Charlotte. I hope you have a moment to take a look at the piece.