The nation’s economic strengths and weaknesses are uneven. The White House is calling it a “mixed bag.” Yet, Bush administration officials classify the nation’s financial outlook as “strong.” White House Press Secretary, Dana Perino at the White House Press Briefing.
The administration is moving on a “case by case” basis for any future or potential financial collapses involving some of the lynch pins of the nations economy. There is speculation of government help for the American auto industry. It has taken a financial hit due to higher prices at the pump and increasing numbers of imports being sold on American car lots.
With the recent bailouts and a softening economy, is the nation in a recession? The White House says no!
What do you think about the nation’s financial picture.