Saturday, December 18, 2010
Bush: U.S. economy into recession did not.
<P> China news agency, Washington, February 28 - The 28th U.S. President George W. Bush said the U.S. economic fundamentals are good, not as some people put it into a recession, but the future is not in recession, so .reflect U.S. dollar long-term economic fundamentals will gradually strengthen. .</ P> <P> It http://finance. News, Bush told a news conference at the White House the same day the United States supports a strong dollar policy because he believes the U.S. economy's fundamentals remain sound, capable of supporting sustained economic growth. .He said that the dollar has dropped recently, although this could help reduce the huge U.S. trade deficit, but also the formation of the U.S. economy strong inflationary pressures. .</ P> <P> Bush acknowledged the U.S. economy is growing slowly, but do not think that a recession, he believes that "slow growth" and "recession" is a significant difference between the. .For there are rumors that some people are talking about the U.S. Congress new stimulus plan, Bush said "first" plan to stimulate the economy appears to be a good idea, we need to look at the practical effect of this plan and effect, there is no .need for additional economic stimulus plan, why not give the existing economic stimulus plan a chance to display their fists it? .</ P> <P> but do Zhefan Bush said on the day before Fed Chairman Ben Bernanke told lawmakers on Capitol Hill, the U.S. economic prospects, and hinted that the Fed will again cut interest rates, both on Capitol Hill came .Sources said that some members are discussing a new economic stimulus plan. .At today's press conference a reporter asked Bush, even the price of gasoline during the summer driving season is four dollars per gallon than psychological mark. .Uncertainty is based on the above concerns, Wall Street, wrote today in the local media that the prospect of the foreign exchange market, the dollar ratio of almost slim chance of recovery. .</ P>.
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