BLT:
President Bush says he’s confident the economy is strong enough to avoid a recession, reports the WaPo. Referring to the steps he’s taken to address the housing crisis, such as a plan to freeze interest rates on certain subprime mortgages, the president said at a news conference yesterday that his view of the economy is that “the fundamentals are strong.” His comments are in opposition to the views of many economists who have urged the government to take a harder line to prevent a potential long-term recession.
1 comment:
The clown face is popular around the world. Now as for our economy well as Americans use credit cards when January's bill comes in all hell will break out. As for the sub prime problem it to will get worse. Notice Bush the business man fail at every business his Daddy gave him what makes you think this will be any different.
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