Bush Confident of Market Recovery: Financial News – Yahoo! Finance
President Bush struck a reassuring tone Wednesday about recent turbulence on Wall Street, saying he believes the markets will work their way through the turmoil safely and achieve a “soft landing.”
Bush, in his most extensive remarks on a gyrating stock market that has sent investors on a rollercoaster ride, expressed confidence that investors would eventually calm down. The president said he expects investors to reassess their risk and begin to focus more on the economy’s fundamentals, which he said are solid and sound.
“I’m not an economist, but my hope is that the market, if it functions normally, will be able to yield a soft landing,” Bush said. “That’s kind of what it looks like so far.”
5 Responses
That quote is the most mush-mouthed, meaningless thing I’ve read in years.
Um, you don’t read much Bushspeak, do you?
First Draft always has the best Bush quotes in their Your President Speaks! Features…
He’s a glass half-full kinda person. Heh heh.
We’re screwed.
Not only is he ‘not an economist’, he’s also not a president, not a decent human being, and not intelligent. So there.
Prez also said that job creation was going well, or words to that effect.
What he didn’t say, of course, that most of the jobs which have come along during his administration have been service sector jobs which do not come close to paying a living wage.
We live in a country where our elected, and unelected, officials will not say anything which might reflect poorly on their performance.
I am generally inclined to be more forgiving of mistakes and failures than I am of lies, both those of commission and omission.