On the recordAugust 5, 2004
The economy this last summer has grown at a rate as fast as any in nearly 20 years. In the last year we've added about 1.5 million new jobs, the unemployment rate is down to 5.5 percent.
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transcripts.cnn.comGeorge H.W. Bush: “The economy this last summer has grown at a rate as fast as any in nearly 20 years. In the last year we've added about…”
Editor's note · Context
President Bush presents a positive view of the economy based on recent labor statistics.
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More from George H.W. Bush
Jan 29, 2018
One of our major problems is, we do not have enough immigrants. We are going to have to do something about our immigration policy.
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No other issue will have more lasting impact on the well-being of your families and your future.
Jan 29, 2018
I have always contended that. And I believe that you do not have a growing dynamic economy without the creative abilities and devotion and loyalty that immigrants bring to their country.
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