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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Hope Praytochange who wrote (477147)	10/17/2003 12:36:35 AM
From: Selectric II	Read Replies (7) \| Respond to of 769667

Growing Economy Gaining Momentum "Last month this economy exceeded expectations and added new jobs. Inflation is low. After-tax incomes are rising. Home ownership is at record highs. Productivity is high. Factory orders, particularly for high-tech equipment, have risen over the last several months. Our strategy has set the stage for sustained growth. By reducing taxes we kept a promise, and we did the right thing at the right time for the American economy." --President George W. Bush, 10/16/03 As The Wall Street Journal editorial board announced this morning, "The good economic news keeps coming," and a newly released report from the Federal Reserve shows that it is coming in from across the country! Jobless claims are at their lowest levels in eight months. Employment grew by 57,000 in September. Stock market values have increased $2 trillion in last ten months. Disposable personal income is up 3.8%. Homeownership is at record highs with a 68% ownership rate. GDP growth is at 3.3% in the second quarter. Productivity growth remains strong, which has bolstered profits. Orders of manufacturing goods continue to increase. Shipments and orders of durable goods increased this summer. President Bush is confident in our growing economy but he will not be satisfied as long as there are Americans looking for work. He has urged Congress to act on his six-point plan to continue the economic growth that is already gaining momentum.