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Bush Tries To Reassure Nation On Economy

By Adam Davidson,
Jim Zarroli, Melissa Block
Published October 10, 2008 at 3:00 PM CDT

President Bush has said the U.S. is using a "wide range of tools" to address the chaos in the financial markets. The stock market, however, has continued its downward slide. Many finance-watchers say the credit markets are to blame. Banks are simply not lending money to one another.

Copyright 2008 NPR
Adam Davidson
Adam Davidson is a contributor to Planet Money, a co-production of NPR and This American Life. He also writes the weekly "It's the Economy" column for the New York Times Magazine.
See stories by Adam Davidson
Jim Zarroli
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.
See stories by Jim Zarroli
Melissa Block
As special correspondent and guest host of NPR's news programs, Melissa Block brings her signature combination of warmth and incisive reporting. Her work over the decades has earned her journalism's highest honors, and has made her one of NPR's most familiar and beloved voices.
See stories by Melissa Block