George W. Bush Institute launching book on economic growth

In this photo provided by the George W. Bush Presidential Center, former President George W. Bush and his wife, Laura Bush, stop to talk with people who have lined the hallways of the Princess Marina Hospital in Gaborone, Botswana, on Thursday, July 5, 2012. The former president and his wife visited Africa for a week to promote a partnership between the George W. Bush Institute, the U.S. President's Emergency Plan for AIDS Relief, UNAIDS and Susan G. Komen for the Cure, that aims to fight cervical and breast cancer in sub-Saharan Africa. (AP Photo/George W. Bush Presidential Center, Shealah Craighead)

In this photo provided by the George W. Bush Presidential Center, former President George W. Bush and his wife, Laura Bush, stop to talk with people who have lined the hallways of the Princess Marina Hospital in Gaborone, Botswana, on Thursday, July 5, 2012. The former president and his wife visited Africa for a week to promote a partnership between the George W. Bush Institute, the U.S. President's Emergency Plan for AIDS Relief, UNAIDS and Susan G. Komen for the Cure, that aims to fight cervical and breast cancer in sub-Saharan Africa. (AP Photo/George W. Bush Presidential Center, Shealah Craighead)

DALLAS — The George W. Bush Institute is launching its first book, which features experts weighing in on ways for the U.S. to jumpstart the economy toward 4 percent gross domestic product growth.

The former president writes the foreword for "The 4 Percent Solution: Unleashing the Economic Growth America Needs," which will be released Tuesday. He is set to give brief remarks at an event Tuesday evening in Dallas featuring several of those who contributed to the book.

James K. Glassman, executive director of the Bush Institute, said that the book — which includes entries by five Nobel Prize winners — is part of "The 4 Percent Growth Project" launched last year with a goal to "change the conversation in America so that it focuses on the goal of sustainable, strong growth."

"We think that the way to solve the economic problems that America faces can be summed up in 4 percent growth. Right now we're growing about at 2 percent. We've grown an average of about 3 percent since the end of World War II," said Glassman, who wrote the book's introduction.

Economic growth is one of the Bush Institute's focal points, along with education, global health and freedom. The institute and the presidential library will be housed at the George W. Bush Presidential Center, which is under construction on the campus of Southern Methodist University.

There were two recessions during Bush's eight years in office, the first a mild downturn that began in March 2001, just after he took office, and lasted eight months. The second, which began in December 2007 and ended in June 2009, months after he left office, became known as the Great Recession, the longest and deepest since the Great Depression of the 1930s.

"While the causes of the 2008 crisis will be debated by scholars for decades to come, we can all agree that excessive risk-taking by financial institutions, irresponsible decisions by lenders and borrowers, and market-distorting government policies all played a role," Bush said in the book's foreword. "The question now is which policies we should adopt to fix the problems, speed the recovery, and lay the foundation for another long, steady expansion."

Glassman said ideas in the book for stimulating the economy include broad tax reform that would keep taxes low — extending the Bush-era tax cuts, broadening the tax base by getting rid of special exemptions and loopholes, taxing consumption rather than income and lowering corporate taxes. He said the book also touches on immigration policy and its effect on the economy, advocating for a policy that would help "attract the smartest people from around the world."

Glassman said that the hope is that the idea of focusing on growth will become part of the conversation this election season.

"Certainly Republicans and Democrats can disagree on how to get growth," Glassman said. "Some people say, 'Well, the best way to get growth is through government spending.' We disagree with that, but that certainly is a position to take. We say cut government spending, reform taxes, change immigration policy and so on."

Since leaving office, Bush largely has avoided the political scene, instead focusing on the work of his institute, traveling to Africa to promote a partnership to fight cervical and breast cancer in sub-Saharan Africa, and holding events to honor the nation's troops, including joining them on bike rides across rugged Texas terrain.

___

George W. Bush President Center: http://www.georgewbushcenter.com

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Comments » 112

ebabin writes:

It also comes with a coloring pullout and handcuffs without keys for those wishing to play imprisonment without trial.

CarpeVeritas writes:

GW on how to grow the economy. OMG. I can't decide whether Barnes & Noble will put this book in the humor or horror section.

WizeOlMarco writes:

Introduction by M. Romney. Reviewed by Rush. Recommended by Beck. Made in Mexico. Consumed by millions. Non-fiction section.

big_peach_e writes:

Economic advice from W. Might be a good idea to do the opposite of anything he suggests.

ed34145 writes:

That's great...the man who brought this country to the abyss of depression speaks out on the economy! I love the irony.

romneygate writes:

It should be titled "How I Gave Capitalism A Malignancy".

SeeFuture writes:

This is hilarious. And their second book will focus on how to permanently achieve world peace. Truly hilarious!

LoadStar (Inactive) writes:

All the above comments - perfect

titanbite writes:

As obvious as it may seem to the majority of reasonable,reality observing citizens of this country,increasingly,as the United States moves forward into an unnerving and unpredictable future,we'll need to be steadfast in reminding ourselves that we share this land with groupings of individuals that would,without question,prefer to believe in a convenient fantasy over that of an uncomfortable reality,especially,if that fantasy absolves them of any direct involvement or responsibility in repairing the damage caused by their previous decisions to accept the convenient fantasy over the uncomfortable reality.

Lemme writes:

What a joke!

DinNaples writes:

It might be a good idea to read the book first. Don't you think?

LoadStar (Inactive) writes:

Seems reasonable - there's no one in history as edept at killing economic growth than George the Decider.

SayMan writes:

The George W. Bush Institute for the Economically Insane. What's it like to live your entire life and be held accountable for absolutely nothing none of the harm you've done? At least he's consistent; always a buffoon!

lemonjello writes:

How in the world do any of these knuckleheads (Bush, Obama) ever become POTUS? Are we the dumbest people on the planet?

Coastal writes:

In 1999, liberals were bragging about extending affirmative action to the financial sector. Los Angeles Times reporter Ron Brownstein hailed the Clinton administration's affirmative action lending policies as one of the "hidden success stories" of the Clinton administration, saying that "black and Latino homeownership has surged to the highest level ever recorded."

Meanwhile, economists were screaming from the rooftops that the Democrats were forcing mortgage lenders to issue loans that would fail the moment the housing market slowed and deadbeat borrowers couldn't get out of their loans by selling their houses.

And so it did.

Now all the Dems need to do is to blame the failure of DemocratCare on the Pubs. The Pubs are s----- enough to let them.

LoadStar (Inactive) writes:

in response to DinNaples:

It might be a good idea to read the book first. Don't you think?

Read it? You mean it has actual words?

Sane_in_Florida (Inactive) writes:

This is like a crackhead providing advice to the staff of St. Matthews House... or the blind leading the blind.

titanbite writes:

in response to DinNaples:

It might be a good idea to read the book first. Don't you think?

You can't be serious.

One of the first recommendations of the book is to gut government spending,even I can agree with some cuts,like immediately cutting the $4 billion in taxpayer dollars that Pres. Bush got his Republican majority in Congress to give away to religious organizations and churches through the,"Faith-Based Initiative",but,in today's snail-paced economic growth,to act in a manner favorable to Republicans and cut government spending wholesale would bring about another recession,if not worse.

The government should do what it has done in the past during economic downturns,actions that were well documented and supported successes,which is to increase spending to bring back job's and the ability to spend for the middle class,while reducing spending in less economically sustainable areas of the budget,like business grants,subsidies and wasteful defense spending,if the middle class had money to spend businesses wouldn't need taxpayer funded corporate welfare.

The Bush,"starve the beast",crowd would eliminate almost all government spending,except their beloved corporate welfare policies,we've witnessed the Republican response to eliminating some corporate welfare in a vote to reduce oil subsidies,every single Republican voted against giving away the taxpayer's money to multinational oil companies making record profits while selling off American oil reserves to foreign nations.

As of 2011,the United States has been enjoying a status it hasn't seen in a long time,our country is now a,"refined fuels net exporter",in other words,the oil industry is pulling more oil out of this country than this country needs and is selling off our nation's oil reserves to china,India and number of other countries.

If Republicans had the opportunity they would completely gut entitlement programs and education,basically,anything that helps the American people move up the economic ladder out of poverty,while maintaining hundreds of billions of taxpayer dollars in corporate welfare and well over half a trillion annually on an expanding military,of course,religiously twisted,warmongering crackpots need huge military's to smite their ancient,heathen enemies.

Lest we taxpaying non-believers ever dare to forget.

Corporate writes:

The hateful demorats are here to spew there usual hate. But God forbid you should say anything bad against this [black] president and your called a racist. The dem's love the race card and know how to play it without a flaw.

Colorado (Inactive) writes:

Is this a joke? The village idiot from texas should be in an institution. Only the brain dead would take this seriously. However, this will go over well in brain dead Naples.

Ruger writes:

Obama has followed some Bush's policies so are they a success?

Tax Cuts - renewed and he wants to do it again.

Middle East Policy - Bush policy followed to get Osama.

Pragmatic1 writes:

"George W. Bush Institute launching book on economic growth"

Is this April 1st? You have to be kidding!

Is it written in crayon?

beerbong writes:

This a book on how NOT to do it, right? #$%#&*'n IDIOT

BobinNaples writes:

Bushy's next book will be "How to catch Bin Laden".

Carrot_Stick writes:

GW Bush will release a series of books. The second book in the series will be on how to reverse global climate change. The third book will be about providing equal rights. The fourth book will explain how drilling for oil is environmentally safe and will save us from all evil-doers.

The book series will be located in the comedy section of your nearest bookstore and made widely available on Fox News.

babbas writes:

"The Octomom's Guide to Parenting" is coming out this fall, too.

ratdog2009 writes:

Only in America could a former President who brought the country and the world to the brink of economic Armageddon feel compelled to enlighten us with ideas of how to stimulate the economy. This falls under the definition of 'hubris'.

For those rational bipartisans, this is akin to another former President writing a book counseling us on how to sustain a healthy and monogamous relationship with your spouse.

When they leave office, can't they just go away? Here's a news flash...we don't care about your ideas. We put up with a collective 16 years of BS between the two of them. Go away.

HAL9000 writes:

I think a "seven percent solution" for Dubya would work better for the rest of us.

djmc831 writes:

this sounds like a headline from THE ONION!

lb5361 writes:

This has got to be either the biggest oxymoron joke in history, or a great idea for a Saturday Night Live skit. BWAAAAAHAAAAAAAAAAAAAHABWAAAA!

And in other news, Donald Trump to open a string of barbershops nationwide! BWWWAAAAAHAAAAAA!

newzhound (Inactive) writes:

see all of the blamers and haters are out in full force.

good little lapdogs.

Brer_Rabbit writes:

in response to SeeFuture:

This is hilarious. And their second book will focus on how to permanently achieve world peace. Truly hilarious!

George W. Bush encouraged us with many great ideas, including this famous quote "I know the human being and fish can coexist peacefully."[

DinNaples writes:

Many truly idiotic responses. Very few based on even a slight bit of factual information.

Never mind Limbaugh, these fools get their info from Maher!

Ruger writes:

in response to DinNaples:

Many truly idiotic responses. Very few based on even a slight bit of factual information.

Never mind Limbaugh, these fools get their info from Maher!

Maher or MSNBC, its amazing how gullible some people are!

Smoke_Diver writes:

"While the causes of the 2008 crisis will be debated by scholars for decades to come, we can all agree that excessive risk-taking by financial institutions, irresponsible decisions by lenders and borrowers, and market-distorting government policies all played a role," Bush said in the book's foreword. "The question now is which policies we should adopt to fix the problems, speed the recovery, and lay the foundation for another long, steady expansion."

Huh. I definitely thought it was two wars and $2.8 trillion in tax cuts for everyone who can afford to pay taxes that put us in this position...

OP writes:

Obama should buy a copy; everything he has done that has worked are policies he was given by the Bush administration. His own ideas all fail.

Btw, and off topic; but, why would Obama think people will believe he is telling the truth if he begins a sentence with, "let me tell you the truth"? To my mind, if you have to tell me you will be telling the truth; you are likely known for lying and may well be lying when you say you are about to tell the truth.

djmc831 writes:

in response to Corporate:

The hateful demorats are here to spew there usual hate. But God forbid you should say anything bad against this [black] president and your called a racist. The dem's love the race card and know how to play it without a flaw.

hmmm...i have not seen one racist comment relating to this article. well, besides yours.

djmc831 writes:

in response to Ruger:

Obama has followed some Bush's policies so are they a success?

Tax Cuts - renewed and he wants to do it again.

Middle East Policy - Bush policy followed to get Osama.

as i recall, bush said osama was irrelevant.

romneygate writes:

in response to Damyankee:

(This comment was removed by the site staff.)

This is another classic fanatical conservative "paraphrase". The statement that was made stipulated that the environment created by many allowed for the possibility of a successful business being established. Of course, conservatives like you think that you are the creators of the whole "enchilada", right?

romneygate writes:

in response to OP:

Obama should buy a copy; everything he has done that has worked are policies he was given by the Bush administration. His own ideas all fail.

Btw, and off topic; but, why would Obama think people will believe he is telling the truth if he begins a sentence with, "let me tell you the truth"? To my mind, if you have to tell me you will be telling the truth; you are likely known for lying and may well be lying when you say you are about to tell the truth.

Your Rush of doubletalk is intoxicating, conservatively speaking. I guess the Bush tax cuts will be everybody's tax cuts in the future, right? What a guy? Was that vomit or excrement?

romneygate writes:

in response to djmc831:

as i recall, bush said osama was irrelevant.

Don't you know that was Bush's tactic to keep Osama off guard? You need to realize that conservatives "create" more than "jobs".

romneygate writes:

in response to Colorado:

Is this a joke? The village idiot from texas should be in an institution. Only the brain dead would take this seriously. However, this will go over well in brain dead Naples.

Do you suppose Bush could donate his brain to science? Maybe Cheney could use it, he likes spare parts. Oops, Bush's brain would only be a Cheney reincarnation anyway, right?

MyLife66 writes:

in response to Coastal:

In 1999, liberals were bragging about extending affirmative action to the financial sector. Los Angeles Times reporter Ron Brownstein hailed the Clinton administration's affirmative action lending policies as one of the "hidden success stories" of the Clinton administration, saying that "black and Latino homeownership has surged to the highest level ever recorded."

Meanwhile, economists were screaming from the rooftops that the Democrats were forcing mortgage lenders to issue loans that would fail the moment the housing market slowed and deadbeat borrowers couldn't get out of their loans by selling their houses.

And so it did.

Now all the Dems need to do is to blame the failure of DemocratCare on the Pubs. The Pubs are s----- enough to let them.

Coastal- thank you for being the only one who writes the truth. We have a messy economy because Clinton wanted EVERYONE to be able to buy a home. Guess what? In America, we all have the same rights and abilities to work our bums off, save money, live within or below our means, and save for a downpayment, as my parents and many others did. If you can't afford a home, then you can't own one. I want to drive a Bentley but all I can afford is a Toyota. The gov't is not responsible for making sure I can afford the car, I am. Yes, two wars were a reach, but we won't really know the true outcome of that for decades to come. In the meanwhile, we're ALL paying for those who walked away from their homes because they didn't invest any of their hard earned money. Don't blame Bush for Clinton's policies. Blame the democrats.

DinNaples writes:

in response to djmc831:

as i recall, bush said osama was irrelevant.

Show us his statement. Not that we would ever doubt your recollection. Full context please.

DinNaples writes:

in response to Ludwig:

(This comment was removed by the site staff.)

It's a shame that your premise is incorrect. The Democrats destroyed the economy.

Pragmatic1 writes:

Of corse we all remember the financial speech that was a hallmark of GW Bush's Presidency.

The speech that set the tone for his financial guidance and has served as an inspiration to economists ever since.

It was during one of his mini-recessions before the really big one he left us with.

He addressed the nation and said those immortal words...

"Hey, everybody just go buy something."

lb5361 writes:

in response to DinNaples:

It's a shame that your premise is incorrect. The Democrats destroyed the economy.

On just exactly what planet are you living on? 'Cause is sure is not Earth! Sounds like you just might be stuck in that parallel universe called RushFoxLand where brainwashing is always the soup de jour!

Pragmatic1 writes:

in response to Corporate:

The hateful demorats are here to spew there usual hate. But God forbid you should say anything bad against this [black] president and your called a racist. The dem's love the race card and know how to play it without a flaw.

Wow! Talk about changing topics.

Bush was an idiot and most people agree. He should have been tried for crimes against humanity as well as war crimes and he should be UNDER Guantanamo .

DinNaples writes:

in response to lb5361:

On just exactly what planet are you living on? 'Cause is sure is not Earth! Sounds like you just might be stuck in that parallel universe called RushFoxLand where brainwashing is always the soup de jour!

If you and people like you would ever pay attention to actual facts perhaps we would be able to get some where. It's very simple to see the timeline when Congress was controlled by Democrats and when it wasn't.

WadeGarrett (Inactive) writes:

Obama's book is in publishing. It's called "50 Ways to keep the economy stagnant while being a pathological liar"

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