Bush: "There are serious signs that the economy is weakening"
Posted at 11:02 AM on February 1, 2008
by Tom Scheck
My spidey senses say the candidates will be talking a whole lot about jobs over the next nine months.
KANSAS CITY, Mo. (AP) - President Bush prodded Congress to pass an economic stimulus package Friday, pointing to a new report that ended a 52-month streak of national job growth.
Bush was in the nation's heartland pressuring Congress to boost the sagging economy with a plan of tax rebates for millions of people and tax breaks for companies. His latest try came as the fragile partnership that led to an economic rescue deal in the House appeared to be unraveling in the Senate.
"Inflation's low. Productivity's high, but there are certainly some troubling signs, serious signs that the economy is weakening and that we've got to do something about it," Bush said.
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