24 de janeiro de 2009

Os anos Bush

Os anos Bush em retrospectiva, passo a passo, através de excertos de depoimentos das mais diversas pessoas - comprido, mas interessante.

Retive este excerto - tem a ver com o momento económico:

"Robert Shiller, Yale economist who warned of a housing bubble:

  • The Bush strategists were aware of the public enthusiasm for housing, and they dealt with it brilliantly in the 2004 election by making the theme of the campaign the ownership society. Part of the ownership society seemed to be that the government would encourage home ownership and, therefore, boost the market. And so Bush was playing along with the bubble in some subtle sense. I don’t mean to accuse him of any—I think it probably sounded right to him, and the political strategists knew what was a good winning combination.

    I don’t think that he was in any mode to entertain the possibility that this was a bubble. Why should he do that? Attention wasn’t even focused on this. If you go back to 2004, most people were just—they thought that we had discovered a law of nature: that housing, because of the fixity of land and the growing economy and the greater prosperity, that it’s inevitable that this would be a great investment. It was taken for granted."

Ler em An Oral History of the Bush White House vanityfair.com

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