The poor can not save the U.S. from the crisis

Government Regulation igry21-01-2008 The poor can not save the U.S. from the crisis, George Bush decided to save American society from bankruptcy. Speaking on Friday before the nation, he suggested reducing the tax burden on both businesses and for individuals. Tax concessions would amount to 1% of GDP, or $ 130 billion every crisis in the U.S. is accompanied by a treatment of first-person state of the nation. Despite the caricature of the current occupant of the White House, the attention of markets around the world (including Russia) was focused on the words of George W. Bush. American society is in need of something encouraging, because to date it has come in very confusion condition. Growth in mortgage rates since last summer continues to cause waves of bankruptcies homeowners. The real estate market fell, pulling an entire U.S. economy. A financial services companies worldwide have discovered in their portfolios are too many bad U.S. mortgage market, which responded multibillion-dollar losses, which were reported the past week. The bad news, coupled with the arguments of analysts to start a recession (recession) of the American economy have brought down stock markets around the world.