WASHINGTON (AP) - President George W. Bush is expressing remorse that the global financial crisis has cost jobs and damaged
retirement accounts.
The president told ABC's "World News" in an interview that he will support additional federal intervention, if necessary, to ease
the recession. The interview will air Monday night.
Bush told the network: "I'm sorry it's happening, of course."
The National Bureau of Economic Research reported on Monday that
the U.S. economy fell into a recession in December 2007.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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Bush: I'm Sorry About The Economy
President Bush says he's sorry the economic crisis has cost jobs and damaged retirement accounts. He will support additional federal intervention to ease the recession.
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WKRG-TV
Published: December 01, 2008
Published: December 01, 2008
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