Former Florida Gov. Jeb Bush tells Newsmax that the GOP must broaden its appeal to avoid becoming “the old white-guy party,” and recommends that Republicans create a “shadow government” to engage Democrats on important issues as the incoming Obama administration seeks to enact its agenda.

In a wide-ranging interview with Newsmax, the popular former governor and younger brother of President George W. Bush said the 2008 election was neither “transformational” nor a landslide. For example, he noted that Barack Obama’s significant fundraising advantage over John McCain played a key role in Democratic success this year.

Bush urged Republicans not to abandon their core conservative principles in favor of a “Democratic-lite” agenda. Still, the GOP does need to do some real soul-searching, he said.