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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Baldur Fjvlnisson who wrote (280647)	7/26/2002 7:28:22 AM
From: Baldur Fjvlnisson	Read Replies (1) \| Respond to of 769667

"Despite recent abuses of the public's trust, our economy remains fundamentally sound and strong, and the vast majority of businesspeople live by the rules...a few bad actors can tarnish our entire free enterprise system." (This comes AFTER the collapse of Enron, K-Mart, Global Crossing, WorldCom, Argentina's economic collapse, etc, etc, ad nauseum). -- President George W. Bush, weekly radio address, June 29, 2002 "Approaching the end of the second quarter, the outlook is considerably brighter than it was six months ago...last year's recession has ended." -- David McMahon, BB&T economist, June 24, 2002 "...America must get rid of the hangover that we now have as a result of the binge, the economic binge, we just went through...But I want you to know that our economy is fundamentally strong ... This economy is coming back, that's the fact..." -- President George W. Bush, University of Alabama speech, July 15, 2002 (Reuters) "...the fundamentals are in place for a return to sustained healthy growth: Imbalances in inventories and capital goods appear largely to have been worked off; inflation is quite low and is expected to remain so; and productivity growth has been remarkably strong, implying considerable underlying support to household and business spending as well as potential relief from cost and price pressures...The effects of the recent difficulties will linger for a bit longer but, as they wear off, the US economy is poised to resume a pattern of sustainable growth..." -- Alan Greenspan, Federal Reserve Chairman, Congressional Testimony, July 16-17, 2002