In this case, it’s 401(k) plans that they destroyed, by issuing regulations on automatically subscribed employees that directed them to riskier investments:

Shortly before the first signs of the stock market collapse, the Bush administration made a crucial decision that has propelled an estimated one to two million workers into stock-heavy retirement funds.

Many of the funds in which workers were automatically enrolled dropped more than 25 percent last year, while a more conservative investment strategy rejected by the Bush administration would have resulted in a gain of 4.7 percent.

The administration’s decisions came in response to a congressional mandate to encourage more workers to participate in company-sponsored retirement savings plans. The Bush administration came up with a rule that enabled businesses to automatically enroll their workers in tax-free 401(k) retirement plans.

If the workers failed to specify how they wanted their money invested, the company would be required by law to place their retirement money in investment funds that, for the most part, relied heavily on stocks. The administration specifically rejected calls for a more conservative investment option.

You know, even a stopped clock is right twice a day, but that’s better than George Walker Bush.

Truth be told, they had a reason for this: They were desperately trying to get money to the stock market, in order to prop up prices in preparation for the election, so it’s more corrupt than stupid.