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Skriven 2006-04-07 23:34:34 av Whitehouse Press (1:3634/12.0)
Ärende: Press Release (0604071) for Fri, 2006 Apr 7
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President Bush Discusses America's Strong and Growing Economy
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For Immediate Release
Office of the Press Secretary
April 7, 2006

President Bush Discusses America's Strong and Growing Economy
The Diplomatic Reception Room

President's Remarks view

˙˙˙˙˙ Fact Sheet: Economic Growth Continues - More Than 5.1 Million Jobs
Created Since August 2003 ˙˙˙˙˙ In Focus: Jobs _

9:32 A.M. EDT

THE PRESIDENT: Good morning. This morning's economic report shows that
America's growing economy added 211,000 jobs in the month of March. The
American economy has now added jobs for 31 months in a row, created more
than 5.1 million new jobs for American workers. The unemployment rate is
now down to 4.7 percent -- that's below the average rate of the 1960s,
1970s, 1980s and 1990s.

These millions of new jobs are evidence of an economic resurgence that is
strong, broad and benefiting all Americans. Real after-tax income has grown
by more than 8 percent per person since I took office. That means, on
average, Americans have an income that is $2,100 higher this year than it
was in 2001, after adjusting for inflation.

More Americans own their homes than at any time in history. Minority home
ownership has reached record levels. Consumer confidence is at its highest
point in nearly 40 years, productivity is high, inflation is contained,
manufacturing activity is growing and the small business sector is
thriving.

The economy has expanded for 17 straight quarters. And last year the
American economy grew at a healthy rate of 3.5 percent. That's the fastest
rate of any major industrialized economy.

These gains are the result of the energy and the effort of American
workers, small business owners and entrepreneurs. They are also the result
of pro-growth economic policies. The tax cuts I signed left $880 billion
with our nation's workers, small business owners and families. They've used
that money to fuel our economic resurgence.

Not everyone in Washington agreed with the decision to let people keep more
of their own money. On the day that Republicans in the House and Senate
were finalizing the 2003 tax cuts, one Democratic leader said these cuts
would "do nothing to create jobs." Facts have proven the critics wrong 5.1
million times over.

Tax relief has done exactly what it was designed to do -- it's created jobs
and growth for the American people. Yet some are now proposing that we
raise taxes, either by repealing the tax cuts or letting them expire. These
are the same politicians that told us that letting Americans -- letting
America's working families keep more of their own money would be
irresponsible, reckless and shameful. They were wrong then, and they are
wrong now. Our economy grows when the American people make the decisions
about how to save spend and invest their money. To keep our economy
creating jobs and opportunity, Congress needs to show its trust in the
American people and make the tax relief permanent.

Congress also needs to restrain spending so we can stay on track to cut the
deficit in half by 2009. And if necessary, I will enforce spending
restraint through the exercise of the veto. The American people expect
their leaders to address other key leaders [sic] that directly affect their
family budgets and bottom line, especially health care and energy.

When the cost of energy and health care rise, families are squeezed and
small businesses suffer. I proposed practical reforms that would make
health care more available and affordable. I put forward an energy
initiative that will make our dependence on Middle Eastern oil a thing of
the past. I've also laid out a plan to make America more competitive by
increasing our investment in scientific research, encouraging research and
development in the private sector, and improving math and science
education.

I urge the Congress to move forward on all these important priorities so we
can keep America the economic leader of the world and allow more families
and small businesses to realize the American Dream.

Thank you for your time.

END 9:36 A.M. EDT

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