Bush: Now is not the time to renegotiate or cancel NAFTA(economy not in recession, in slowdown )

[maddezmom]

Source: AP

NEW ORLEANS - President Bush, replying to criticism from Democratic presidential candidates, said Tuesday that "now is not the time to renegotiate ... or walk away from" the North American Free Trade Agreement. He also denied the U.S. was in a recession, calling it a slowdown instead.

Bush also used a joint news conference with Mexican President Felipe Calderon and Canadian Prime Minister Stephen Harper to renew his call for Congress to pass a free-trade pact with Colombia. He said House Speaker Nancy Pelosi's refusal to schedule a vote could effectively kill it this year.

"It makes no sense to me to say that Colombian goods can come into our country duty-free, yet our goods can't go into Colombia duty-free," Bush said sternly. "And yet that's the case. An agreement with Colombia would level the playing field."

Asked about the state of the U.S. economy, Bush said: "We're not in a recession. We are in a slowdown."



Read more: http://news.yahoo.com/s/ap/20080422/ap_on_go_pr_wh/bush_canada_mexico

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Bush: economy not in recession, in slowdown
53 minutes ago


NEW ORLEANS (Reuters) - President George W. Bush on Tuesday said the U.S. economy was not in a recession but was experiencing a slowdown.

"We're not in a recession, we're in a slowdown," Bush said at a news conference at the end of a two-day summit with Canadian Prime Minister Stephen Harper and Mexican President Felipe Calderon.

Bush pointed out that the U.S. economy grew in the fourth quarter and that the statistics for the first quarter were not out yet. "But there's no question we're in a slowdown and people are concerned about it, obviously," he said.

Bush reiterated his view that taxes should not be increased, especially when the economy was showing sluggishness.


more:http://news.yahoo.com/s/nm/20080422/pl_nm/bush_summit_economy_dc;_ylt=ArlzcPB6vwpJbNz.7So0J9Ma.3QA

[brentspeak]

1. That's like saying the patient isn't dead, he's "just not alive"

[liberal N proud]

2. Them some powerful drugs your taking mr bu$h

He wouldn't know a recession if it hit him like a freight train.

He has that silver spoon so far up his ass that he doesn't know what it's like to be without any desire.

[Oceansaway]

3. LoL...n/t

[islandmkl]

4. that f***ing airplane didn't crash...it just 'slowed down'...

jr. giving idiots a bad name everywhere...

[truth2power]

13. It slowed down precipitously, though..

:rofl:

[UpInArms]

5. this is coming from

a Man that didn't know the price of gas. I sure wish that I knew where he buys those rose colored glasses at. :hi:

[Binka]

6. Eat Shit And Die Bush

I hate that fucker so fucking much. :mad:

[whistle]

7. Herbert Hoover kept repeating that prosperity was just around the corner

...too and gave America the Great Depression! George W. Bush just needs to be impeached now along with Dick-Head Cheney

[Danmel]

15. Just around the corner, there's a rainbow in the sky

So let's have another cup of coffee and let's have another piece of pie!

Narcissistic, delusional, this guy meets so many diags in the DSM they should have a GWB edition.

[lisa58]

8. how about 8 months from now?

[Baby Snooks]

9. He's right...

We are not in a recession. We are in a depression. It's just taking awhile for everyone to realize it. Diesel hitting a projected $4+ a gallon no doubt will be the "great awakening" to the reality of the "great depression" we are in as they go to the grocery store in about a month and notice how everything they used to buy is no longer within the budget. Then the electric bill will arrive. Stock up on candles and hand fans. You may need them.

I blame Nancy Pelosi for all of this - she took the American people and what was in their best interest off the table along with impeachment.

Her attitude seems to be "let them eat cake" and the problem is no one can afford even the cake at this point.

[mortismo]

17. Did you see the Nancy+Newt political add?

Well, that's like Scaife+Hillary, right? It makes no sense. No sense whatsoever. My gut feeling is that Pelosi lacks... err... damn, but I'm reading the posting rules and I feel sort of castrated when it comes to expressing my opinion without profanity.

This whole DU thing is taking some time for me to get used to.

Is it still OK to call Rush Limbaugh a junkie just because there is no such thing as an ex heroin addict?

[Triana]

10. delusional little monkey lives in his own little privileged world, doesn't he?

:mad:

What an ass. "slowdown"?!

My 80+ year old mother says this "slowdown" is WORSE than the Great Depression.

[truth2power]

11. "We're not in a recession. We are in a slowdown."...

:rofl: :rofl: Bush is an effing POS!! :banghead:

That is all.

[laylah]

12. Why do you think I call him

*Dumbass? Because the lowlife IS a major one!

[anakie]

14. a classic example of if I don't say it it can't be true

If Bush never says the word 'recession' to him and his supporters a recession is not happening. Just that librul press tarring his economic credentials and his legacy.


Peace; and stop fighting amongst yourselves. Bush is the enemy, not each other.

[bluetrain]

16. What does he do all day? I mean, does he even bother showing up to the Oval Office?

[MetaTrope]

18. You have to realize that when Bush talks "the economy", he's referring to Paraguay

Care to bet the Bush family already has all their assets converted to gold and stashed away in their ranch above the aquifer?

[rocktivity]

19. But NAFTA was supposed to help the economy...

:crazy:
rocknation

[fasttense]

20. Well, if NAFTA is so wonderful for our economy,

then why are we even having a slow down?

[PassingFair]

21. The patient died...

but the operation was a complete success!