Bush Sees 'Mild and Brier Recession: President Skips Over Difficulties in N.Y. Economic Pep Talk
NEW YORK, Feb. 6ÛÓPresident Bush offered the country an economic pep talk here tonight, predicting that the current recession would be "mild and brief and adding that what is needed most now is "a boost in confidence.Û</br></br>The president also said the Persian Gulf War would not put too much additional burden on the economy and suggested that a successful end to the war would help assure long-tcrfflJeconomic growth here and around the world.</br></br>ÛÏThe road to real peace will be difficultÛÓlong and tough,Û Bush said. But lie argued that ÛÏby standing up to aggression in the gulf, we are guaranteeing the future security and stability of that area, that is so vital to global economic prosperity.Û</br></br>Bush repeated his belief that the allied campaign in the gulf is "on course and on schedule,Û adding that "hour by hour, IraqÛªs capacity to wage war is being systematically destroyed by American and coalition forces."</br></br>He pledged that while he could not predict when the war would end, it would not drag on indefinitely. ÛªTve never been more certain of anything in my life," he said. ÛÏWeÛªre going to win it.Û