Growing Economy Gaining Momentum

mike bell · 10-19-2003, 07:30 PM

This is for the Bush bashers!

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.

strut · 10-19-2003, 07:35 PM

That news is great for America and death to the democrats, I good robust economy is the last thing they want to see.

James B · 10-19-2003, 10:35 PM

The Dems will have to crank up the lie machine to max.

DaveH · 10-20-2003, 12:33 AM

When Tom Brokaw reported this on the news, he quickly stated that the report was " mostly good" , but then did an in depth feature story on the one bad part of the report--those in manufacturing who didn' t get a job yet. Real quick to gloss over the good so they can concentrate on anything bad.

strut · 10-20-2003, 05:42 AM

Its just about amazing how well the liberal media can put the spin on things, When, when is the American public going to get their belly full of these opinionators, thats what they are anymore, they sure don' t report the news. If the liberal media was just about 50% fair in their reporting I don' t think we would even have a liberal party or one like we know of today anyway.