the numbers from the month of May reveal that the American people are improving their lives under the leadership of George W. Bush and the Republican Congress. Two-hundred-and-forty-eight thousand jobs were created in May, and more than 1 million jobs have been created over the last 100 days. The unemployment rate is down to 5.6 percent. This is lower than the averages in the 1970s, 1980s and 1990s. Homeownership has risen to the highest level ever at 68.6 percent. Real disposable personal income is up 3.9 percent. Consumer confidence is up and business investment in equipment and software is up at an annual rate of 14 percent, and the stock market is up 18 percent. Now, some Republicans may try to take all the credit for the economic growth we have been witnessing. However, we can only take credit for freeing up the American people from the burdens of high taxes and government intrusion. We Republicans removed those barriers, and the economy improved due to the ingenuity and the entrepreneurial spirit of the American people.
David Weldon: “the numbers from the month of May reveal that the American people are improving their lives under the leadership of…”
Editor's note · Context
Discussing economic improvements and job creation under President George W. Bush and the Republican Congress.
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