30 January 2002, 12:10 Key Bush Speech Focuses On Terrorism, Economy
U.S. President George W. Bush's State of the Union address to Congress Tuesday night
focused on the need for continuing vigilance in the fight against
terrorism. He noted that "tens of thousands" of fighters were trained in
Al Queda camps in Afghanistan, most of whom are still at large.
Moreover, Bush used aggressive language in warning that the U.S. would
not permit the world's "most dangerous regimes" from threatening the
U.S. with weapons of mass destruction, singling out Iraq, Iran and North
Koreas, and calling them "an axis of evil." Bush did not specify where
the war on terrorism would go next, but warned those who fail to act to
root out terrorism: "If they do not act, we will." On the economy, Bush
again urged Congress to pass his economic stimulus plan, stressing that
his strategy could be summed up in one word: "jobs." While not
mentioning Enron by name, he also called for new protections on workers'
pensions, as well as better disclosure and accounting rules. He urged
bi-partisan cooperation on his economic plans, just as there has been
bi-partisan support for the war on terrorism. Democrats again voiced
support for Bush's anti-terrorism measures, but remained cool to his
version of the stimulus plan. //MarketNews
© 1999-2024 Forex EuroClub
All rights reserved