AP - Bush Says US Not Headed For A Recession

[BeachBaby]

President Bush said Thursday the country is not recession-bound and, despite expressing concern about slowing economic growth, rejected for now any additional stimulus efforts. "We acted robustly," he said.

http://news.yahoo.com/s/ap/20080228/ap_on_go_pr_wh/bush

[Adsos Letter]

1. He has the tense wrong.

[gkhouston]

2. We're not? Damn. I was hoping the economy would improve to "recession"

because right now we're in the shitter.

[Loge23]

3. Officially, we won't see it

The FED is propping up the "official" definition of a recession through the typical short-term Repuke fiscal policies. This will continue as long as the moron is in office - or until the bottom just falls out.

[Booster]

4. Oh yeah, and we know how right Bush has been on everything.

[Journeyman]

5. This from someone with no concept of the current price of gasoline. . .

From the article:

On one issue particularly worrisome to American consumers, there are indications that paying $4 for a gallon of gasoline is not out of the question once the summer driving season arrives. Asked about that, Bush said "That's interesting. I hadn't heard that. ... I know it's high now."

[Harry Monroe]

7. That's "interesting"??

What a douchebag!!!

[ProgressiveFool]

6. well now, that's pretty much the kiss of death for the economy

Doesn't pretty much the opposite happen whenever he sees fit to predict for us? Strap in, it's going to be a nasty, bumpy ride.

[originalpckelly]

9. I know, we're totally fucked, aren't we?

[originalpckelly]

8. And there was no insurgency in Iraq and we didn't torture.

Yeah, like we're going to believe that lying son of a bitch on the economy.

[Bobbieo]

10. What makes anyone think Bush will be leaving the White House next year?

[Richard Steele]

14. Nothing makes me think that. nm

[blues90]

11. Ok , if bush says so , then we must be heading for WW III .

[Myrina]

12. of course not, its DEPRESSION, not recession!

... for once, he was aiming higher than the rest of us!

[Mike03]

13. Well, naturally, our President is always the last to know. NT

[aint_no_life_nowhere]

15. "Robust" must have been Condi's new word of the day for the Chimp

"We acted robustly," he said.

"I believe that our economy has got the fundamentals in place for us to ... grow and continue growing, more robustly hopefully than we're growing now,"

The stimulus package was robust, according to Bush. The economy will be robust, according to Bush.

I think it's mainly a "bust".

[Wizard777]

16. Damn! That makes it official. We're headed for a recession. n/t

[pleah]

17. I thought it was already established that we were in a recession and trying to

prevent a depression. :crazy:

[YellowRubberDuckie]

18. We aren't heading for a recession...

We're IN a recession.
Duckie