President Bush said that he encouraged President-Elect Obama to become involved in the planning and implementation of the economic stimulus plan, personally calling Obama for a briefing on the government's decision to infuse money into Citigroup.
"This is a very unique period in American history where a new president is coming in, where we are fighting a two-front war against terrorists and, at the same time, dealing with a very difficult economic situation," he said. "And the more we can work together, the better off our country will be."
Obama has assumed a leading role on the economy, announcing key members of his economic team in three consecutive news conferences last week in Chicago, despite assurances that there is only "one president at a time."
But Bush insisted that he did not find the president-elect's role intrusive.
"I don't feel any intrusion whatsoever. … Our administration still will be making the decisions necessary until he becomes the president."
Asked if Obama's election was in any way a repudiation of his administration, Bush saw more nuance.
"I think it was a repudiation of Republicans," he said. "And I'm sure some people voted for Barack Obama because of me. I think most people voted for Barack Obama because they decided they wanted him to be in their living room for the next four years explaining policy."
He also said that Republican presidential nominee Sen. John McCain faced a "tough head wind" in the campaign, particularly in terms of the economic climate and the perception of the Republican Party.
Bush praised the Obama campaign's organization and message, and when asked what his parting relationship will be with President-elect Obama, Bush said that he will reach out to the incoming president.
"One of my parting words to him will be: 'If I can help you, let me know,'" Bush said.