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Ottawa Herald in Ottawa, Kansas

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Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

Jan 30, 2002

Page

6

Economy shows tiny 0.2 percent Q4 growth signals end of recession

The Commerce Department reports a 0.2 percent annualized GDP rise in Q4, boosted by car spending and a 15 year high in government outlays. If revisions confirm positive output, economists may mark the recession’s end late last year or early this year, though 1.4 million still lost jobs. Federal Reserve expectations and Bush stimulus plans complicate the path to a sustained recovery.

Washington U.S Commerce Department Bush Congress Federal Reserve Alan Greenspan Fed National Bureau of Economic Research NBER

Bush State of the Union vows global war on terror

President Bush, in his first State of the Union, pledges to pursue terrorists across the globe and expand the war beyond Afghanistan. He also vows to revive the economy with a tax cut and calls Americans to two years of service while warning of an axis of evil including North Korea, Iran, and Iraq.

Washington Bush America State of the Union Congress Afghanistan North Korea Iran Iraq United States U.S House Dick Gephardt Franklin D. Roosevelt Gephardt Enron Corp Enron White House

Bush State of the Union highlights and warnings

Bush outlines post 9 11 policy with a focus on war on terror, Afghanistan victories, and plans to confront an axis of evil. He pledges greater homeland security funding, pension reform, and corporate accountability while warning that if nations do not act, America will. He cites vast terrorist training networks and calls for strengthened defense and intelligence spending.

Capitol Washington New York Dick Cheney Laura Bush Hamid Karzai United States Bush Philippines Bosnia Somalia America

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