U.S. President George W. Bush speaks on the economic crisis in the U.S

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Description:

President George W. Bush gives a national address on the economic crisis in America. Bush cites the declining value of assets and banks with restrictive lending policies as root causes for the nation's economic instability. He proposes that the federal government provide $700 billion to assist troubled banks and shore up the U.S. financial markets with urgently needed money to help them avoid collapse and to promote lending. Despite the dire circumstances, Bush says that democratic capitalism is the best of all systems ever devised and that the country will prevail.

Date Issued:

2008-09-24T00:00:00Z

Data Provider:

Michigan State University. Libraries

Collection:

G. Robert Vincent Voice Library Collection

Place:

United States, United States, and United States

Subject Topic:

Global Financial Crisis, 2008-2009, Banks and banking, Subsidies, Economic policy, and Economic conditions

Language:

English

Rights:

No Copyright

URL:

https://n2t.net/ark:/85335/m5zw18s4h