Bush says rescue plan will take some time to work

[Terri]

By JENNIFER LOVEN
Associated Press
October 7, 2008


-- As Wall Street reeled and global markets plunged, President Bush on Monday said the U.S. economy is going to be "just fine" in the long run. But he cautioned that the massive rescue plan will take time to work.

On another jittery day in the financial markets, the president made two rounds of unscheduled comments on the economy -- first after meeting with small-business owners in San Antonio, and then at the top of a speech in Cincinnati about judicial nominees.

In both cases, he defended the $700 billion economic bailout plan as one that won't just help Wall Street, but everyday workers and businesses, too.

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[elmerck1]

This counry has to go on a diet, and stay on it until we get the budget balanced. I know obama is going to want to spend a lot of money, but congress has got to put a stop to all this big spending.We can rebuild infrastructure and roads, and give a lot of out of work people jobs, without breaking the bank, and all these give away programs are going to have to go away.

[schillerbjr]

"And the farmer drew another load away!"