Bush Tries To Reassure Nation On Economy

By Adam Davidson,

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.

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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.

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Jim Zarroli

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.

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