President Bush Urges Economic Action, Iraq Patience

Posted by Kendall Harmon

President Bush, standing before Congress one last time, urged the nation Monday night to persevere against gnawing fears of recession and stay patient with the long, grinding war in Iraq. He pressed Congress to quickly pass a plan to rescue the economy.

"We can all see that growth is slowing," Bush said in a blunt acknowledgment of rising food and gas prices, increasing unemployment and turmoil in the housing and financial markets.

He cautioned against accelerating U.S. troop withdrawals from Iraq, saying that would jeopardize progress achieved over the last year.

"We have unfinished business before us, and the American people expect us to get it done," Bush declared. It was his final State of the Union address and he faced a hostile, Democratic-led Congress eager for the end of his term next January.

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Filed under: * Economics, PoliticsPolitics in General

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Posted January 29, 2008 at 5:05 pm [Printer Friendly] [Print w/ comments]
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