Candice S. Miller: “if we needed any more proof of an improving economy following last week's outstanding economic growth figures, we just…”

“if we needed any more proof of an improving economy following last week's outstanding economic growth figures, we just got it. The manufacturing sector of our economy, which is important to so many States, including my home State of Michigan, appears to be turning around with a vengeance. October's indices showed manufacturing expanding more rapidly than at any time since January of 2000. The report also showed new orders for manufactured goods, the key to future growth, are at their highest levels since 1999. Overall construction spending has reached its highest level ever. Existing home sales are at record highs. And, of course, this morning we got the greatest news of all: unemployment fell in October and the economy created 126,000 new jobs. Every American should be happy. The Bush tax cuts are working; the economy is on the rise. But what is the response to all this good news from my friends on the other side of the aisle? More pessimism. More gloom and doom. Mr. Speaker, I am beginning to wonder if they view good economic news as good news at all.”