Bush Acknowledges Mixed Signals on Economy
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The president said the economic signs were âincreasingly mixed,â but suggested he would oppose Democratic initiatives to increase spending to head off a recession.
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The economy may grow slowly the first half of this year, the Bush administration said yesterday, but it is not in recession.
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With the price of oil hovering near $100 a barrel and overall economic anxiety on the rise, President Bush said yesterday that he may use his upcoming State of the Union address to propose a stimulus package intended to promote growth and shore up weak parts of the economy.
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COMPTON, California  - Economic worries dominated the presidential campaign on Thursday, with White House hopefuls on both coasts touting plans to ease the pain of a recession while President George W. Bush prepared to announce his own fiscal package.
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President Bush said on Wednesday it  was up to the markets to decide the value of the dollar against  the euro and added that a new rate hike by the Federal Reserve  was an indication of concern about the weak dollar.
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In his first news conference since winning a second term in office, President Bush touched on a variety of economic issues Thursday, from reducing the budget deficit to revamping Social Security and the tax code.
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President George W. Bush on Thursday said he would consider "all options" to help the U.S. economy weather a deep housing slump but said the economy was fundamentally strong.
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President Bush wooed suburban swing voters Thursday with hopeful words about the economy, contending his administration is making progress for American workers and portraying rival John Kerry as a tax-and-spend Democrat.
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The White House and U.S. lawmakers moved closer on Wednesday to agreement on an election-year economic package that President George W. Bush said would be "robust" enough to lift the economy out of the doldrums.
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Amid signs that the economy is cooling, President Bush is showcasing initiatives for a second term under the banner of an &quot;ownership society&quot; in hopes of bolstering his economic stewardship credentials.
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President George W. Bush said on Thursday that the economy remained strong, with low inflation and a healthy job market, despite "unsettling times" in the housing market.
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Business & money: Upbeat White House tries to talk up economy as oil price falls back  from record highs
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In Washington, as anxious eyes were fixed on the stock markets, President Bush and Democratic leaders settled into a detente yesterday, cautiously moving toward agreement on an economic stimulus package.
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President Bush has been saying that the US economy has ''turned the corner.&quot; Democratic presidential candidate Senator John F. Kerry, in the wake of this month's poor jobs report, quipped that it was more like a U-turn.
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President George W. Bush sought to calm Americans' fears about the economy on Monday while charting a course he hopes will keep him relevant in his final year in office.
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A report showing modest gains in US jobs provided ammunition to backers of President George W. Bush touting an expanding economy, but also to his rival, John Kerry, and those claiming a weak, uneven recovery.
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President Bush is giving Congress a fresh assessment of the troubled economy as he prepares to sign a $168 billion stimulus package into law.