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Bush says took 'decisive measures' on economy
16 Jan 2009 00:49:55 GMT
Source: Reuters
WASHINGTON, Jan 15 (Reuters) - President George W. Bush will tell Americans that he took decisive action to safeguard the U.S. economy, which has fallen into recession, in a farewell address on Thursday, five days before leaving office.

"When challenges to our prosperity emerged, we rose to meet them. Facing the prospect of a financial collapse, we took decisive measures to safeguard our economy," Bush said in prepared remarks for the 8 p.m. (0100 GMT) televised address.

Bush leaves the White House on Tuesday after the inauguration of Barack Obama, who has said dealing with the financial meltdown will be one of his top priorities as president.

"These are very tough times for hardworking families, but the toll would be far worse if we had not acted," Bush said.

"All Americans are in this together. And together, with determination and hard work, we will restore our economy to the path of growth," he said.

"We will show the world once again the resilience of America's free enterprise system," Bush said in the prepared remarks.

(Reporting by Tabassum Zakaria; Editing by Cynthia Osterman)


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An Israeli soldier jumps off a tank in the northern Gaza Strip January 15, 2009. Israel killed a senior Hamas leader in an air strike on Thursday after unleashing its heaviest ...



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