(CNN) - In his most critical comments to date of the Obama administration’s policies, former President George Bush Wednesday warned against the nationalization of healthcare, government overreach in the country’s financial system, and the potential effects of closing the terrorist detention center at Guantanamo Bay.
“I know it’s going to be the private sector that leads this country out of the current economic times we’re in,” the former president said during a speech to business leaders in Erie, Pennsylvania, according to the Washington Times. “You can spend your money better than the government can spend your money.”
“Government does not create wealth. The major role for the government is to create an environment where people take risks to expand the job rate in the United States,” he also said in the closed-door speech, according to the paper.
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