On the recordJune 23, 2004
I have noted with interest that some prominent Democrats have decided that part of their election strategy is apparently to scare the American people into believing that the economy is weak. I hate to rain on their parade, but here are some numbers: Inflation is at record lows; interest rates have been at record lows; real GDP has grown 5 percent during the last four quarters, the fastest annual rate in almost 20 years; the unemployment rate is 5.6 percent, which is lower than the 30 year historical average. Real disposal personal income increased at 4.9 percent annual rate in the first quarter of 2004. Mr. Speaker, it sounds to me like some of our colleagues on the other side of the aisle, including the presumptive nominee for President, have apparently failed to do their homework. I, for one, do not think the voters are going to be impressed by this nonsense.
Source
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