rokjax
03-14-2008, 06:23 PM
Bush: optimistic that the economy will be recovered his strength
18:00:00 2008 GMT Friday March 14
Reuters
Washington: The American President George Bush said on Friday that the American economy flexible and will recover its strength despite the difficult times it is going through and in an attempt to enhance confidence in the economy amid fears of recession.
Bush told the Economic Club of New York: "I think we are a flexible economy, I think the creativity and design of the American people is what helps us to deal with these issues. This would happen again."
The statements came as President of the Club, a group of senior company officials, bankers and economists, in the course of a visit to the financial capital of the United States, including meetings with the editorial board of the Wall Street Journal and CNN. That. Me. Economic CNN.
With high oil prices to record levels and the crisis taking place in the real estate market and economic recession, which looms on the horizon trying to stop the retreat of the Bush economy, which was believed to be the strongest of the legacy of Bush's successor following the end of his mandate.
Some economists say that the plan of stimulating the economy made by Bush with the Congress in January last January may gain some time, but they are not sufficient to meet the successive blows suffered by the economy.
Bush said that the American Administration and the Federal Reserve Board took action to stimulate the economy and asked the people to be patient because the economy will respond. To be received tax exemptions to consumers will begin to access mail, which will stimulate consumer spending.
Bush said that the experts "expect to be spending this summer impact in the second quarter and a greater impact in the third quarter."
He added, "the heart of our economy."
And opposed Bush so far stronger action despite the risk of recession, which may prevail in the country before he leaves office in January January 2009.
It seemed that the modern New York aims mainly to calm the fears of Americans about the economy, which exceeded the largest cause of the Iraq war worry of public opinion.
With his popularity decline to near the lowest level in his term, it was also aware that the continuing economic downturn could harm his party's chances to retain the post of Republican president in the elections scheduled for next November in November.
The economy is one of the most important issues in electoral campaigns tries Democrats stigma Republican candidate John solid Bush economic policies.
Bush appeared unable to calm high oil prices is a key source of unrest American economy. Not heard from his allies Arab oil producers to increase supplies to his appeals.
http://www.google.com/translate?u=ht...&hl=en&ie=UTF8 (http://www.google.com/translate?u=http%3A%2F%2Fwww.elaph.com%2F&langpair=ar%7Cen&hl=en&ie=UTF8)
18:00:00 2008 GMT Friday March 14
Reuters
Washington: The American President George Bush said on Friday that the American economy flexible and will recover its strength despite the difficult times it is going through and in an attempt to enhance confidence in the economy amid fears of recession.
Bush told the Economic Club of New York: "I think we are a flexible economy, I think the creativity and design of the American people is what helps us to deal with these issues. This would happen again."
The statements came as President of the Club, a group of senior company officials, bankers and economists, in the course of a visit to the financial capital of the United States, including meetings with the editorial board of the Wall Street Journal and CNN. That. Me. Economic CNN.
With high oil prices to record levels and the crisis taking place in the real estate market and economic recession, which looms on the horizon trying to stop the retreat of the Bush economy, which was believed to be the strongest of the legacy of Bush's successor following the end of his mandate.
Some economists say that the plan of stimulating the economy made by Bush with the Congress in January last January may gain some time, but they are not sufficient to meet the successive blows suffered by the economy.
Bush said that the American Administration and the Federal Reserve Board took action to stimulate the economy and asked the people to be patient because the economy will respond. To be received tax exemptions to consumers will begin to access mail, which will stimulate consumer spending.
Bush said that the experts "expect to be spending this summer impact in the second quarter and a greater impact in the third quarter."
He added, "the heart of our economy."
And opposed Bush so far stronger action despite the risk of recession, which may prevail in the country before he leaves office in January January 2009.
It seemed that the modern New York aims mainly to calm the fears of Americans about the economy, which exceeded the largest cause of the Iraq war worry of public opinion.
With his popularity decline to near the lowest level in his term, it was also aware that the continuing economic downturn could harm his party's chances to retain the post of Republican president in the elections scheduled for next November in November.
The economy is one of the most important issues in electoral campaigns tries Democrats stigma Republican candidate John solid Bush economic policies.
Bush appeared unable to calm high oil prices is a key source of unrest American economy. Not heard from his allies Arab oil producers to increase supplies to his appeals.
http://www.google.com/translate?u=ht...&hl=en&ie=UTF8 (http://www.google.com/translate?u=http%3A%2F%2Fwww.elaph.com%2F&langpair=ar%7Cen&hl=en&ie=UTF8)