When is Bush finally going to admit the world economy is slowing down in to a rescession?

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he has avoided using the word recession but evidence tells us that the world economies is slowing down especially in the mortgage sector. In the UK the Northern Rock had to get an emergency loan from the bank of England and the government I believe Northern Rock has now been nationalised. Now in the States Bear Stearn was bought over for a fraction of what it was worth. Can’t Mr. Bush see now that the US economy and the UK economy and other economies around is slowing down into what the UK comentators are calling a credit crunch we are now all feeling the pinch food prices going up heating prices going up gas prices going up making it more expensive to run our cars. Will Mr. Bush now admit the economy is slowing down into a recession?

10 Comments
  1. Reply
    VW GOLF
    April 30, 2011 at 1:02 am

    he did

  2. Reply
    william R
    April 30, 2011 at 1:37 am

    not until he stop’s drinking!

  3. Reply
    bonehead
    April 30, 2011 at 1:48 am

    Never, he did not even know how high gas prices have risen! He lives in the wonderful state, that I actually visit often, Denial!

  4. Reply
    ronnie M
    April 30, 2011 at 2:13 am

    The man is an idiot who couldn’t spell recession never mind understand what the hell it means.

  5. Reply
    L B
    April 30, 2011 at 2:43 am

    Actually what he mumbled earlier, was that in the long term the economy will improve, Anyone with a crystal ball could have said that. Yes Labour eventually nationalised Northern Rock, but there’s going to be 2000 job losses from this.
    I agree its slowing down, and that its effecting world economics, but there’s no way he’ll admit that, probably in the hope that if he says nothing he can’t make it any worse. At least I hope he keeps quiet, unlike a certain person from Siemens earlier today.

  6. Reply
    deb.mcdonnell
    April 30, 2011 at 2:51 am

    Never, because with every thing else that he has screwed up, (IRAQ HINT HINT) he never admits anything, or any of his faults.

    Thank goodness someone new will be in office soon.

  7. Reply
    scrooge
    April 30, 2011 at 3:21 am

    when he leaves office.

  8. Reply
    Michael B
    April 30, 2011 at 3:38 am

    Bush does not admit anything until he absolutely has to. He is very stubborn. With an election coming up in November, he will wait as long as he can before admitting that a recession occurred during his time in office.

  9. Reply
    hein
    April 30, 2011 at 4:24 am

    he will admit it before he told a new lie, so you won’t notice the new lie.

    how do i know?

    statistics, history of deception

  10. Reply
    odin
    April 30, 2011 at 5:01 am

    after the democrats make things worse after his term is less accountable.

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