Recent Bush Quotes on Economy

Recent comments by President Bush on the economy:

"One thing is for certain — we're in challenging times. But another thing is for certain — that we've taken strong and decisive action." March 17 after meeting with economic advisers.

"In the long run, we can be confident that our economy will continue to grow, but in the short run, it is clear that growth has slowed." March 15 in his weekly radio address.

"First of all, in a free market, there's going to be good times and bad times. That's how markets work. There will be ups and downs. And after 52 consecutive months of job growth, which is a record, our economy obviously is going through a tough time." March 14 in a speech to the Economic Club of New York.

"Losing a job is painful, and 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." March 7 on news that the economy lost 63,000 payroll jobs in February.

"You see, if you're somebody worried about $3 gasoline and you think your taxes may be going up in two years, then it — the uncertain price of gasoline creates more uncertainty for you as you plan your future." Feb. 28, urging Congress to extend tax cuts that will expire.

"That's interesting. I hadn't heard that." Feb. 28, when told that some analysts are predicting gasoline could go up to $4 a gallon.

"Over the past seven years, this system has absorbed shocks — recession, corporate scandals, terrorist attacks, global war. Yet the genius of our system is that it can absorb such shocks and emerge even stronger." Feb. 13 in signing an economic stimulus package of tax rebates for families and businesses.

"I hope you're confident about our economy. I am. We've got some short-term issues to deal with. Fourth quarter growth slowed to .6 percent. In other words, there are signs that our economy are slowing." Jan. 30 at the Robinson Helicopter Co. in Torrance, Calif.

"The economic team reports that our economy has a solid foundation, but that there are areas of real concern. Our economy is still creating jobs, though at a reduced pace. Consumer spending is still growing, but the housing market is declining. Business investment and exports are still rising, but the cost of imported oil has increased." Jan. 18, urging Congress to quickly pass an economic-stimulus plan.

"This economy of ours is on a solid foundation, but we can't take economic growth for granted." Jan. 4 after meeting with the President's Working Group on Financial Markets.

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