WASHINGTON (CNN) - Former Republican presidential candidate Rudy Giuliani said Wednesday that President Obama's presidency so far has been "much worse" and "much further to the left" than he had initially expected.
Specifically going after the stimulus plan, the former New York City mayor said most of the money "has been spent for political priorities." He also criticized Obama for bailing out General Motors, saying that in his "worst fears of the Obama administration," he never thought the president would "nationalize" the auto industry.
"It was a massive, unprecedented kind of Christmas tree of Democratic programs that were being supported," Giuliani said in an interview with Wolf Blitzer on the Situation Room. "It was a spending at a level at which I've never seen before. I think what he has added to the debt is catastrophic. I think it will create enormous burdens for our children. And I think it creates the real risk of inflation."
Giuliani also said that Obama's health care plan could have a "destructive impact on the American system as we know it." In a speech to the American Enterprise Institute earlier on Wednesday, Giuliani reportedly suggested that Republicans back down and let the Democrats figure out the specifics.
"I think we should allow the Democrats to battle it out without getting too involved in their battle, because then when we get involved, the media realizes, or at least a big portion of the media realizes, they hate us more and then we become the target," Giuliani said, according to HuffingtonPost.com. "So, if we let them battle it must be something really wrong if Democrats are disagreeing."