July 15th, 2008
12:00 PM ET
10 years ago

Bush: 'It's been a difficult time'

Bush discussed the country's economic woes Tuesday.

Bush discussed the country's economic woes Tuesday.

NEW YORK (CNNMoney.com) - Under the backdrop of a deteriorating economic picture, President Bush said Tuesday he is taking action to help people with falling home values and high gas prices.

Watch: Bush says system 'basically sound'

Bush highlighted plans to stabilize the mortgage lenders Fannie Mae and Freddie Mac and lift the ban on offshore oil drilling as two steps his administration is taking to address some of the nation's economic ills.

Watch: Bush: A 'tough time'

'It's been a difficult time for American families," Bush said at a press conference. "We must ensure we can continue providing credit during this time of stress."

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Filed under: Popular Posts • President Bush
soundoff (266 Responses)
  1. Alan, Bonita Springs, FL

    "You are such hateful people. I'm not crazy about Bush but I think he's tried to do the best he could, and there are plenty of reasons why things are the way they areā€¦in your simplistic minds it's easy to pin it all on Bush but that's just not the case, no matter how hard you stamp your feet."

    So - here we go again. "It's not the president's fault." Then - who's fault IS it and why, if this mess isn't directly Bush's fault (and his administration and the Republican party going back MANY years), then - why does it even MATTER who is President?

    Remember "The Buck Stops Here."

    Guess you realize GW isn't a big enough man to handle that.

    The only thing I hate more than whiners are idiots who refuse to accept responsibility for the messes THEY have created.

    July 15, 2008 02:54 pm at 2:54 pm |
  2. rice, bryan

    duh!!!!!!!!!!!! you think????????????

    July 15, 2008 02:56 pm at 2:56 pm |
  3. all corrups

    DEMS or REPS GIVING AWAY THIS COUNTRY TO CHEAP LABOR to kill american PRADE ,thats why ford GM will be go thoilet let all japanes cars FLOODS with lower prices (lower wages) after GM ford gone ,toyota honday price will sky rocket...thanks to clintons cronies..with disaster TRADE,never learn from stell industry lose because china disaster trade

    July 15, 2008 02:57 pm at 2:57 pm |
  4. Len

    Bush: 'It's been a difficult time'

    YA THINK!?!!

    It all started about 8 years ago....far, far away in a land called Texas, when a young but not so bright politician named..G.W. Bush....

    July 15, 2008 02:58 pm at 2:58 pm |
  5. vikky

    Finally....... of great pain Mr.Bush ushers the words of "Economy" "Hard Times" blah blah blahh........ stop bashing Bush, he is Mr.Ignorant pompous fool..... what happened to all those who voted for him for a second term in the office..... oh yeah ..... we brought this on to ourselves.... and now we blame some one else.... when will we ever learn and when will we stop basking in false prestige and bring back our sons and daughters from Iraq.... when will we ever learn that jobs are lost because of incapable leaders and not because of outsourcing or immigrants.....

    If there was ever a chance to correct ourselves..... then it is now... no matter what think and vote this time around.... and remember AGE is also a deciding factor....Mr.Bush himself agrees to that....

    July 15, 2008 03:00 pm at 3:00 pm |
  6. Pick me!! Pick me!!

    I had a, "difficult time" figuring out just why so many people voted for him the SECOND TIME.

    I guess it is true, you reap what you sow. It's just too bad the rest of us had to be dragged down with you.

    July 15, 2008 03:00 pm at 3:00 pm |
  7. BJGT

    Oh, go play some more golf!

    July 15, 2008 03:03 pm at 3:03 pm |
  8. skunkrat The Marine

    What can you say – G. Bush is an IDIOT, he has no idea of what he has done to America. I don't understand how this FOOL got promoted so far above his level of competence.

    July 15, 2008 03:03 pm at 3:03 pm |
  9. RC

    this is just a blog. But also the voice of America. Face it. We are not putting up with the crap any more.

    July 15, 2008 03:03 pm at 3:03 pm |
  10. RC

    GW is NOT A TEXAN. He is from Connecticutt

    July 15, 2008 03:06 pm at 3:06 pm |
  11. Meneka

    Why you all complaining about GWB, you all voted for him for the president, you all have chance to vote for Kerry, so you all blame yourself and stop complaining. This time you have another chance you have OBAMA to elect as president, if you guys elect McSame then you all start singing "bomb bomb bomb iran. Obama for the USA

    July 15, 2008 03:07 pm at 3:07 pm |
  12. Lee, New York City

    Bush announces we're going to drill offshore, and oil drops $9 a barrel and the stockmarket goes up.

    Gee, look what happens when someone stands up and has some guts, telling the Middle East to put their oil hose where the sun don't shine.

    The environmentalists are just going to have to tough it out over offshore drilling, nuclear energy, new refineries, etc. The tail has been wagging the dog for too long.

    July 15, 2008 03:08 pm at 3:08 pm |

    That is the most accurate statement Bush has made since being in office. It is a difficult time right now and it is all because of his Administrations lack of intelligence that our country is in Shambles and to THINK that people are considering voting for McCain!!!!!!

    Oh thats just it, they are NOT THINKING!!!!

    July 15, 2008 03:08 pm at 3:08 pm |
  14. Humble American

    You get what you voted for.......an enept, non-thinking, reactionary administration protecting its' own self interests. Not only should it be "Shame on you, Mr. President for serving your own self interests at the risks of destroying a great and wonderful nation". But it should also be, "Shame on you, American Citizen for allowing this to happen, and not firing this guy and his cronies the last presidential election cycle."

    I love this country, and I served it for 4 years. As a veteran I am embarrased by what we have, now. Let's face it, we as cittizens need to face up to the fact that somehow there were enough votes to keep this guy.


    July 15, 2008 03:10 pm at 3:10 pm |
  15. Alex M

    You made it a difficult time!

    July 15, 2008 03:10 pm at 3:10 pm |
  16. Dude

    We could have shown him the door in '04... but he got re-elected!?

    July 15, 2008 03:11 pm at 3:11 pm |
  17. LA

    Take your own guy's advice and stop whining. You're just having mental problems.

    July 15, 2008 03:11 pm at 3:11 pm |
  18. Peter (CA)

    Hey Mike & MIke--He does not have the years of experience others have (like Bush-who still makes mistakes) but he is smart and he knows to surround himself with smart people.

    More than we ever got with Bush. And, given, the stuff coming from Gramm, romney, etc., more than we can expect from McCain.

    July 15, 2008 03:14 pm at 3:14 pm |
  19. Bob Stephens

    Nice to see the "Smirking Chimp" in a press conference once in awhile. Shame he seems to be unable to tell the truth, during one of them, however.

    July 15, 2008 03:15 pm at 3:15 pm |
  20. Donkey Party

    Actually Georgie boy, it's been a tough 7 1/2 years, thank you very much!

    July 15, 2008 03:15 pm at 3:15 pm |
  21. Jeca

    This guy is a joke!! I can't stand him@!

    July 15, 2008 03:16 pm at 3:16 pm |
  22. Len

    I now believe ANYONE can be President. I never believed it before G.W. – and I was referring to his political stature in Texas not his family's home in CT!

    July 15, 2008 03:17 pm at 3:17 pm |
  23. Kris Hussain from AZ

    I cant wait till Bush is out of office. These "ya think!" sound bites are driving me crazy. Thank you President Bush. We already know.

    July 15, 2008 03:17 pm at 3:17 pm |
  24. BushFan in NYC

    Aww Grow up America...
    The economy is booming if you know where to look. Oil stocks are through the roof. The Euro is doing great. And Natural gas prices I hear are on the rise. Invest your millions like GW and you will be fine!

    July 15, 2008 03:18 pm at 3:18 pm |
  25. DJ, LA, CA

    Worst press conference ever by the worst President in history

    July 15, 2008 03:19 pm at 3:19 pm |
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