Tuesday, January 29, 2008

Bush Urges Quick Action on Economy

President Bush sought to reassure Americans about the economy on Monday night, declaring in his last State of the Union address that the United States would banish the specter of an imminent recession, provided that Congress acts quickly on the economic stimulus package laid out last week.

“To build a prosperous future, we must trust people with their own money and empower them to grow our economy,” Mr. Bush said before an audience of hundreds of officials and guests at the Capitol and a television audience of millions.
“In the long run, Americans can be confident about our economic growth,” Mr. Bush said. “But in the short run, we can all see that growth is slowing.”

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