Most Conservatives opposed all of Bush's so-called stimulus tax rebates along with TARP. If you go back and play the news reports from late 2008 you'll notice that Pelosi and the Dem's sided with Bush on TARP and it was the conservative house republicans that tried to prevent it. The Bush adm added more like 5 trillion not 10 trillion to the national Debt. However this had nothing to do with taxes, but rather out of control spending.Tax revenues from the wealthiest Americans rose by about 35%. And those same conservatives are just as opposed to Obama's excessive spending. Anyone who thinks that Bush wasn't beaten up by conservatives for his spending wasn't listening.
The auto industry is working, and at the same time costing the tax payers billions that will never be repaid. GM and Chysler had an unsustainable business model that couldn't survive without Gov't support. That is nothing to be proud of. It is more of a detractor than an economic contribution. Companies like Ford and other foreign auto makers that build cars in the US with US workers are being prohibited from filling the void.
While I applaud Clinton for cutting captial gains tax and using other supply side methods that his democrat colleagues call "Trickle Down", the reality is that his last year in office (2000) was the start of a disasterous recession that blew up all the surplus projections because the revenue never came in as projected. That's all they were, was a projection. The reality is that Clinton was not responsible for the 2000 recession anymore than Bush was for 2007/2008. The 2000 recession was the result of an overzealous enthusiam based on a tech bubble. Clinton benefited from the devleopment of the internet revolutionizing the world. And when the tech bubble crashed in Clintons last year, a recession was left behind. However he did for most of his administration stay out of the way and let the markets work.
Gov't induced stimulus is bad no matter who proposes it, because it can only create transient increases to aggregate demand. It never has and never will work. Business owners to not make signifigant increases in capital expenditures as a result of such artificial increases in demand. In fact it makes business owners less likely to commit new capital because of the concerns around the increased tax liability on investment to pay for such a stimulus. Gov't stimulus of any kind has one consistent effect. It crowds out private investment.