Bush: economy sound long-term despite uncertainties

Mon Feb 11, 2008 1:48pm EST
 
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WASHINGTON (Reuters) - President George W. Bush on Monday said the U.S. economy was structurally sound for the long-term despite a shrinking job market and anemic economic growth.

"This report indicates that our economy is structurally sound for the long-term and that we're dealing with uncertainties in the short-term," Bush told reporters after meeting with his economic team, referring to a forthcoming report to Congress about the state of the economy.

(Reporting by David Lawder and Jeremy Pelofsky, Editing by Chizu Nomiyama)

 
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