(things are slow). now king george, please tell that to my soon to be 81 year old father. i am estimating his next home heating oil bill to be in the $800.00 range.
Bush: US in 'slowdown' not recession
US President George W. Bush denied Tuesday that the US economy was in recession or would go into one despite a spate of downcast reports and gloomy indicators.
"We're not in a recession, I don't think we will go in a recession. We're in a slowdown, and there's a difference," Bush said in an interview with American Urban Radio Networks. "No question there is softening now."
The US president boasted of job growth since he took office in January 2001 but acknowledged that "economies go through cycles, and the question is how do you deal with the down-cycle."
"I am confident in our economy," he said...
Posts
DEBTOCRACY- A GREEK FILM WITH LESSONS FOR IRELAND
13 years ago
No comments:
Post a Comment