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807 14:02 pdftotext 042106BushEconomy.pdf
808 14:02 cat 042106BushEconomy.txt
U.S. Employment Is Strong:
More Than 5.1 Million Jobs Have Been Created Since Aug. 2003. (Bureau Of Labor Statistics Website, www.bls.gov, Accessed 4/7/06)
* The Jobless Rate In Mar. Was 4.7%, Lower Than The Averages Of The 60s, 70s, 80s, And 90s. (The White House,
Press Release, 4/7/06)
The 4-Week Average Of Continuing Jobless Claims Fell By 6,000, The Lowest Since Feb. 2001. (Greg Robb, "U.S. Jobless
Claims Fall To 303,000," MarketWatch, 4/20/06)
Thirty-Three States Report Lower Unemployment Rates In March. (Bureau Of Labor Statistics, "Regional And State Employment And
Unemployment: March 2006," Press Release, 4/21/06)
* Over The Year, Unemployment Rates Were Down In 43 States. (Bureau Of Labor Statistics, "Regional And State Employment
And Unemployment: March 2006," Press Release, 4/21/06)
* Over The Year, Employment Increased In 48 States. (Bureau Of Labor Statistics, "Regional And State Employment And
Unemployment: March 2006," Press Release, 4/21/06)
The Jobless Rate For African Americans Fell From 10.3% To 9.3% Between March 2005 And March 2006 While The
Hispanic Jobless Rate Fell From 5.7% To 5.4%. (Bureau Of Labor Statistics Website, www.bls.gov, Accessed 3/21/06)
* The Number Of African American-Owned Businesses Increased 45% Between 1997 And 2002, Four Times The
National Rate. The Number Of Hispanic-Owned Businesses Increased 31%, Three Times The National Rate.
("Black-Owned Businesses Grow At Four Times The National Rate For All Businesses," The Associated Press, 4/18/06)
Statistics Show U.S. Employment Situation Better Than In
Other Countries:
In 2005, The U.S. Unemployment Rate Averaged 5.1%. The
unemployment rates in France (10%), Germany (11.6%), Spain
(10.1%) and Italy (7.9%) were all higher. (Central Intelligence Agency
Website, "The World Fact Book," www.cia.gov, Accessed 4/11/06)
U.S. Stock Market Is Strong:
The Dow Jones Industrial Increased 3.7% In The 1st Quarter,
Its Best 1st Quarter Gain Since 2002. ("CORRECT: U.S. Stocks
Close Down On Day, Up On Quarter," MarketWatch, 3/31/06)
* On Thursday, The Dow Jones Industrial Average
Finished At The Highest Level Since Jan. 2000. (Mark Cotton, "Dow At 6-Year High," MarketWatch, 4/20/06)
The Nasdaq Composite Increased 6.1% In The 1st Quarter, Its Best 1st Quarter Gain Since 2000. ("CORRECT: U.S. Stocks
Close Down On Day, Up On Quarter," MarketWatch, 3/31/06)
The S&P Increased 3.7% In The 1st Quarter, Its Best 1st Quarter Gain Since 1999. ("CORRECT: U.S. Stocks Close Down On Day,
Up On Quarter," MarketWatch, 3/31/06)
Statistics Show U.S. Economic Growth Better Than In Other
Countries:
In 2005, The U.S. Economy Grew 3.5%. The growth rates in
the United Kingdom (1.7%), Germany (0.9%), France (1.6%)
and Japan (2.4%) were all lower. (Central Intelligence Agency
Website, "The World Fact Book," www.cia.gov, Accessed 4/11/06)
President's American Competitiveness Agenda Will Make
The U.S. Even Stronger:
The President's American Competitiveness Initiative
"Commits $5.9 Billion In FY 2007 And More Than $136
Billion Over 10 Years To Increase Investments In Research
And Development (R&D), Strengthen Education, And
Encourage Entrepreneurship And Innovation." (Office Of The Press Secretary, The White House, "Fact Sheet: The American
Competitiveness Initiative: Encouraging Innovation," Press Release, 4/18/06)
President George W. Bush: "Here's the question that faces the country: Will we become a nation that is isolationist and fearful
of competition from around the world, or will be we be continue to be a bold and innovative country?" (President George W. Bush,
Remarks At Parkland Magnet Middle School For Aerospace Technology, Rockville, Md., 4/18/06)
* President Bush: "We've got a good economy right now. It's growing at rapid paces, and there's a lot of new jobs being
added and productivity is high, and people are owning homes, and that's all positive. The fundamental question is: How
do we make sure that that's the case next year, five years, and 10 years from now. That's really what we're confronted
with." (President George W. Bush, Remarks At Parkland Magnet Middle School For Aerospace Technology, Rockville, Md., 4/18/06)
Dems Forget American Taxpayers And The U.S. Economy Have Benefited From Tax Cuts They Voted Against:
Senate And House Democrats Voted Overwhelmingly Against President Bush's Tax Cuts. (H.R. 1836, CQ Vote #149: Adopted
240-154: R 211-0; D 28-153; I 1-1, 5/26/01; H.R. 2, CQ Vote #225: Adopted 231-200: R 224-1; D 7-198; I 0-1, 5/23/03; H.R. 1836, CQ Vote #170:
Adopted 58-33: R 46-2; D 12-31, 5/26/01; H.R. 2, CQ Vote #196: Adopted 51-50: R 48-3; D 2-46; I 0-1, With Vice President Cheney Casting A "Yea"
Vote, 5/23/03)
"In The Past Five Years, The President's Tax Relief Helped Spur Growth By Keeping $880 Billion In People's Hands."
(The White House Website, www.whitehouse.gov, Accessed 4/12/06)
Because Of The 2001, 2003, And 2004 Tax Cuts, This Year:
* 111 Million American Taxpayers Will Save An Average Of $1,877;
* A Family Of Four Making $40,000 Will Save $2,010;
* More Than 5 Million Individuals And Families Will Have Their Income Tax Liabilities Totally Eliminated;
* 44 Million Families With Children Will Save An Average Of $2,493;
* 14 Million Elderly Individuals Will Save An Average Of $2,043;
* 25 Million Small Business Owners Will Save An Average Of $3,641. (U.S. Department Of The Treasury Website,
www.treasury.gov, Accessed 4/12/06)
Per Capita After-Tax Income Has Increased 8.2% Under The Bush Administration. ("Snow Defends President's Handling Of
Economy," The Wall Street Journal, 3/20/06)
* Per-Person Net Worth Increased 24% From The End Of 2001 To Early 2005. ("Snow Defends President's Handling Of
Economy," The Wall Street Journal, 3/20/06)
Despite The Opposition Of Many Democrats, President Bush Has Called On Congress To Make His Tax Cuts
Permanent:
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