Bush: Effects of financial bailout will take time

MIDLAND, Texas (Reuters) - President George W. Bush said on Saturday that benefits from the recently passed financial bailout would take time to show up in the U.S. economy.

One day after Bush signed the $700 billion rescue package into law, he sought to assure the public the government would be careful in implementing the legislation aimed at easing a credit crisis that has created turbulence in global financial markets.