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President Bush uncertain about the economy and growth

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Wednesday, 30 January 2008
Bush uncertain about economy
Bush uncertain about economy

In State of the Union address, President Bush outlines economy as an uncertainty. He addresses growth concerns and more.

In the State of the Union address Monday night, President Bush addresses several key issues. Not to be left until the next president is elected, he warns of the need to increase economic growth.

According to Bush, American people are concerned about the economy and the "period of uncertainty" that is taking hold. Bush talked about the slowing economy but told the American people that in the long run, the US people should be "confident about economic growth."

One way of moving the economy forward was to take advantage of the US $150 billion stimulus package that is in Congress for approval. He warned Congressional leaders not to delay the package, nor to add too much to it. The Bush Administration, along with the Congress believe that adding these funds into the hands of US citizens as well as providing business tax cuts will help to move the country forward and keep it from entering a recession.

In addition to this, Bush talked about the trade agreement that he and his diplomats have been working to create with Colombia. Colombia is one of the United States' strongest allies in South America, where there is staunch disproval of Bush's Administration.

As his last State of the Union address, many believed that Bush would be less aggressive in his plans for the year, yet, as is true to his character, he outlined specific goals that he wants to be met.

This story relates to: america  credit crisis  economy  recession  tax  [SEE ALL]


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