Current Economic Debate: Bush vs. Obama

On Tuesday, July 17, 2012, the New York Times published an article titled "In Texas, a Presidential Duel Over the Economy." The article says that President Obama flew to former President George W. Bush's home state, Texas, to "headline four campaign fundraisers." Obama announced his disdain for the country to return to Bush's policies concerning the economy. However, Bush is also against Obama's plan for the economy. Instead of campaigning, Bush wrote a book outlining his ideas for a better economy. Although both of these events happened during the same time period, it is believed that both men didn't know anything about the other's agenda. Obama also spoke about Mitt Romney's plans for the economy. He explained that Bush's and Romney's policies are not fit for pulling the economy out of its financial crisis. As a whole, this article is worth reading, because it briefly explains a current controversy going on in the election that directly effects not only Texas but also the entire country.