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Bush: US economic hurdles remain
Bush: US economic hurdles remain
Last Modified: 04 Oct 2008
By:
Jonathan Rugman
President Bush admits today that it will take time for ordinary Americans to feel the benefits of the multi-billion dollar rescue plan.
George Bush warned ordinary Americans not to expect instant results from the bailout.
The men vying to succeed him in the White House have also been giving their reactions.
Both Barack Obama and John McCain were rather sanguine in their language, if not in their sentiment.
Channel 4 News has been to New Jersey to find out how Americans are responding to the financial crisis.
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After the collapse of the US sub-prime mortgage market, the global economy is in the throes of a credit crunch.
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