Bush to gauge impact of financial crisis on Main Street

Financial Crisis Posted on

President Bush is heading to Main Street today to hear how the lending freeze-up is hurting average Americans.

At a Chamber of Commerce roundtable in Alexandria, Louisiana, the president will hear about how hard it is to get a loan these days, either to run a new business or buy a new home.

Over the weekend, Bush expressed optimism that the government rescue effort will stabilize things.

His top economic adviser, Ed Lazear, told a Sunday talk show it's going to take several more months before the nation's clogged lending system starts working again.

Lazear conceded a recession is probably under way in parts of the country.

The national unemployment rate is already over 6%, and it's higher in some areas.

Legal News Media

Legal News is the top headline legal news provider for lawyers and legalprofessionals. Read law articles and breaking news from law firm's across the United States to get the latest updates. We reserve the right, at our discretion, to change, modify, add, or remove portions of the site at any time. Your This site is solely for your personal use. You are, of course, welcome to print or otherwise copy material from this site for your personal use. However, you may not distribute, exchange, modify, sell or transmit anything you copy from this Site, including but not limited to any text, images, audio and video, for any business, commercial or public purpose. Any unauthorized use of the text, images, audio and video may violate copyright laws, trademark laws, the laws of privacy and publicity and civil and criminal statutes.


American Bar Association – Start and Run a Law Firm

NewYorkStateBar.com – Starting a Law Firm

Lawyer Website Designs