Wednesday, July 30, 2008

Bush signs the housing bill

George Bush signed the housing bill today. Good for him. My take on it is here.

This is another example of how George Bush is just not a very good politician. He signed the bill, but Congress gets the credit for pushing the issue. Henry Paulson pushed for it, which is good. So Bush gets credit for hiring a good Treasury Secretary, and listening to said Secretary. But Bush is not going to get much credit for making this happen. From my perspective, it looks like Congress basically put a gun to his head. This is a serious crisis, and Bush has not provided much leadership on the issue. He's very much a lame duck.

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