TPM2012

Romney: Bush, Not Obama, Prevented A Great Depression

Mitt Romney

You may have heard that President Obama’s economic stimulus plan prevented America’s economy from falling of a cliff. You heard wrong, according to Mitt Romney.

“I keep hearing the president say that he’s responsible for keeping America from going into a Great Depression,” Romney told a crowd at a town hall meeting in Maryland Wednesday. “No, no no. That was President George W. Bush and Hank Paulson that stepped in and kept that from happening.”

Romney’s quip came in the context of talking about the bank bailouts, a deeply unpopular program among conservatives that Romney has endorsed. It’s unclear who exactly Romney is trying to connect with by praising Bush and Paulson, the former Treasury secretary, as the saviors of the American economy.

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