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  • Ex-president Carter slams Bush on market crisis (Projectile Alert)

    10/10/2008 5:18:23 AM PDT · by stratboy · 50 replies · 768+ views
    Reuters ^ | Fri Oct 10, 2008 7:53am EDT
    BRUSSELS (Reuters) - Former President Jimmy Carter said on Friday the "atrocious economic policies" of the Bush administration had caused the worst global financial crisis since the Great Depression of the 1930s. Carter told reporters on a stopover in Brussels that "profligate spending," massive borrowing and dramatic tax cuts since President George W. Bush took office in 2001 were behind the market turmoil and economic crisis.