Bush: 'Economy will come back' - WKOW 27: Madison, WI Breaking News, Weather and Sports

Bush: 'Economy will come back'

WASHINGTON (AP) -- President Bush says the government will be a "passive investor" in shoring up banks and that the financial industry rescue plan is designed to preserve -- not replace -- the free enterprise system.

  In a meeting with his Cabinet at the White House Wednesday morning, Bush said he's confident that in the long run the economy will "come back."

  On Tuesday, his administration announced a $250 billion cash infusion for selected banks to help stabilize the system and nudge banks into lending again.

  Despite the plan, Wall Street remains wary of job losses, the housing crisis and consumers' decision to curb spending.

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