Chron.com: Economy 'going to come on,' Bush predicts
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Economy 'going to come on,' Bush predicts
President Bush says the slow growth of the economy is "not good enough for America," but new rebate checks will inject some life and spending soon. "This economy is going to come on," Bush said today. "I'm confident it will." Rebate checks of up to $600 for individuals and $1,200 for couples are starting to hit bank accounts this week. They are part of a broader economic stimulus plan that also includes tax breaks for businesses as an incentive to invest. Bush called it "a robust attempt to inject life" into the economy that hasn't fully kicked in yet. His pep talk came while visiting a technology plant in this St. Louis suburb. Overall, the economy grew at a meager 0.6 percent in the first quarter of 2008. That was the same pace as in the final three months of last year. "That's not good enough for America," Bush said. "It's positive growth, but we can do better than that." Bush spoke as the latest employment report showed a modest tick
Labels: US, US Economy
