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Keyword: overcorrecting

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  • Avoid overcorrecting economy, Bush warns

    03/15/2008 10:32:21 AM PDT · by NormsRevenge · 23 replies · 590+ views
    AP on Yahoo ^ | 3/15/08 | Terence Hunt - ap
    WASHINGTON - President Bush on Saturday said the government must guard against going too far in trying to fix the troubled economy, cautioning that "one of the worst things you can do is overcorrect." Democrats said Bush was relying on inaction to solve the problem. Bush, in his weekly radio address, said the recently passed program of tax rebates for families and businesses should begin to lift the economy in the second quarter of the year and have an even stronger impact in the third quarter. But he urged caution about doing more, particularly about the crisis in the housing...