President George W. Bush blames three shocks the country has had to absorb for the recession that began in 2000. The President has told a downtown Kansas City audience that the retreat of Wall Street, the terrorist attacks, and corporate scandal shook the economy. He says his tax relief package kept things from getting worse and has paved the way for recovery. Bush notes there are still critics of his tax cuts. Bush says much still needs to be done to strengthen the economy. He wants Congress to help small businesses pool their resources for health care coverage, institute tort reform and revise the national energy policy.
