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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (267306)	1/7/2006 9:29:22 AM
From: RetiredNow	Read Replies (3) \| Respond to of 1576890

Looks like there is no longer any doubt that Saddam was involved in the training of jihadis/terrorists: weeklystandard.com

To: Road Walker who wrote (267306)	1/7/2006 12:06:58 PM
From: longnshort	Read Replies (2) \| Respond to of 1576890

Bush basks in tax-cut credit By Bill Sammon January 7, 2006 President Bush yesterday mocked Democrats who falsely predicted his tax cuts would ruin the economy and cited new job creation numbers as evidence that the cuts should be made permanent. The message was also delivered by Vice President Dick Cheney and other top administration officials who fanned out across the country in a coordinated effort to talk up the economy and claim credit for the expansion. "The American economy heads into 2006 with a full head of steam," Mr. Bush told the Economic Club of Chicago. "By cutting taxes when we did, we've had the fastest-growing economy of any major industrialized nation." To bolster his claim, the president cited the latest employment statistics. "We got some new numbers today to show our economy added 108,000 jobs in December," he said, drawing applause. "The unemployment rate is down to 4.9 percent; Americans are going to work." Senate Minority Leader Harry Reid, Nevada Democrat, railed against what he called the president's "failed economic agenda that has left millions of American families with higher bills and lower wages to pay them." Allan B. Hubbard, director of the president's National Economic Council, acknowledged that sluggish wage growth is "a big concern to the president." "Compensation has continued to appreciate, but because of rising health care costs, a bigger portion of compensation increases have been going to support health care," he told reporters aboard Air Force One. "Secondly," he added, "it's the people with lower skills and less education who are not enjoying the wage appreciation like others. And that's why it's so important that we give everyone in America the opportunity to have an excellent education and to have job-training opportunities." Although Mr. Bush thinks wages could be better, he touted a variety of rising economic indicators, including consumer confidence, home ownership, disposable income, durable-goods orders and shipments of manufactured goods. The president also took the unusual step of resurrecting a quote from House Minority Leader Nancy Pelosi, California Democrat, who predicted in May 2003 that the president's tax cuts would be cause economic disaster. "She said, 'Today the Congress of the United States will vote on a reckless, irresponsible tax plan that will undermine opportunity in our country,' " Mr. Bush recalled. "Since that congresswoman had uttered those words, the economy has added more than 4.5 million new jobs."