CRAWFORD, Texas, Aug 24 - President George W. Bush said on Friday the U.S. economy has the potential to grow strongly but has been going through a "correction." "I think our economy has got very strong underpinnings," Bush told a news conference. "We've certainly gone through a correction. But there are some signs we're improving. There are some signs ... that there is an anchor on economic growth." Bush added that a rebound in the economy should help brighten the budgetary picture. "This tax cut will help, monetary policy should help, and when we get economic growth going again after the correction in some of the sectors like the high-tech sector we may have good money," he said.