10/11/08

President George W. Bush echoing a tune from the past

[Jan 4, 2008] "This economy of ours is on a solid foundation." President Bush - After meeting with the President's Working Group on Financial Markets.

“There is no cause to worry. The high tide of prosperity will continue." - Andrew W. Mellon, Secretary of the Treasury. September 1929;

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[Jan 30, 2008] "I hope you're confident about our economy. I am." President Bush. At the Robinson Helicopter Co. in Torrance, Calif.

"While the crash only took place six months ago, I am convinced we have now passed the worst, and with continued unity of effort we shall rapidly recover.” - President Hoover - May 1, 1930

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[March 7, 2008] "I know Americans are concerned about our economy; so am I. It's clear our economy has slowed, but the good news is, we anticipated this and took decisive action to bolster the economy, by passing a growth package that will put money into the hands of American workers and businesses." President Bush - On news that the economy lost 63,000 payroll jobs in February.

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