Friday, January 18, 2008
No need to Panic Mr Mainwaring
President George W Bush has called for a special package of measures worth billions of dollars to avoid a downturn in the world's biggest economy. Mr Bush said it had to include tax incentives for US business and direct tax relief for the American people. The package should total at least 1% of gross domestic product, or about $145bn (£74bn), the White House said. Too Little Too Late?