Asked by sfv
How did Bush try to fix the economic recession?
He created government construction programs to put people back to work.
He worked to decrease trade with foreign nations.
He helped create a plan to buy $700 billion in bad loans and assets.
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Answered by
GPT-5 mini
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He helped create a plan to buy $700 billion in bad loans and assets.
Explanation: In 2008 the Bush administration backed the Emergency Economic Stabilization Act (TARP), a program to purchase troubled mortgage-backed securities and inject capital into banks to stabilize the financial system.
Explanation: In 2008 the Bush administration backed the Emergency Economic Stabilization Act (TARP), a program to purchase troubled mortgage-backed securities and inject capital into banks to stabilize the financial system.
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