Strong US Economy - More Than 8.2 Million Jobs Created Since August 2003

The White House ^

[fabrizio]

Job Creation Continues - More Than 8.2 Million Jobs Created Since August 2003 On July 6, 2007, The Bureau Of Labor Statistics Released New Jobs Figures – 132,000 Jobs Created In June. Since August 2003, more than 8.2 million jobs have been created, with more than 2 million jobs created over the twelve months ending in June. Our economy has now added jobs for 46 straight months, and the unemployment rate remains low at 4.5 percent.

Americans Are Working And Taking Home More Pay

Real After-Tax Per Capita Personal Income Has Risen By 9.9 Percent – Nearly $3,000 Per Person – Since President Bush Took Office. Real Wages Rose 1.1 Percent Over The 12 Months Ending In May. This is faster than the average rate during the 1990s, and it means an extra $729 in the past year for the typical family with two wage earners. The Economy Has Now Experienced Over Five Years Of Uninterrupted Growth, Averaging 2.9 Percent A Year Since 2001. Real GDP grew a strong 3.1 percent in 2006. Since The First Quarter Of 2001, Productivity Growth Has Averaged 2.8 Percent. This is well above average productivity growth in the 1990s, 1980s, and 1970s. Purchasing Managers Reported Manufacturing Expansion For The Fifth Consecutive Month In June. The Institute for Supply Management manufacturing index rose to 56 in June.

The President's Agenda Will Help Keep America's Economy Strong, Flexible, And Dynamic

President Bush's FY 2008 Budget Lays Out A Detailed Plan To Balance The Budget By 2012 While Keeping Taxes Low. Tax and spend is no way to balance the budget. The President's Budget keeps annual spending under control and addresses our long-term budgetary challenge – the unsustainable growth in entitlement programs like Medicare and Social Security.

Strong Economic Growth Has Helped Produce Record Levels Of Tax Revenue, Which Is Helping Reduce The Federal Deficit And Meet Our Goal Of A Balanced Budget. Record tax revenues helped us reach the President's goal of cutting the deficit in half three years ahead of schedule. Receipts have increased nearly 35 percent since the tax relief was fully implemented in 2003, and the deficit has declined by $165 billion in the last two years.

The President Will Veto Appropriations Bills That Threaten Deficit Reduction With Overspending. The Administration supports responsible spending to achieve the goal of a balanced budget by 2012.

[Darkwolf377]

Nancy Pelosi came out and condemned “The Bush Economy...” oh, wait a minute, she came out and praised “The Clinton Economy, still giving us jobs years after he’s out of office...”

[nyyankeefan]

how many of the 8.2 million jobs were created in ny state resulting from the piaps and her great economic work in the senate???

[LibLieSlayer]

That would be a minus 528,312 in job GROWTH.

LLS

[hiramknight]

I watch my retirement portfolio daily. Year to date, it’s up 30%. Last year, it was up 25%. My income is up 30% since 2001, and I’ve got lots of neat stuff. GO GEORGE!!!!

Pelosi’s a dumbass moron. The Clinton economy was based on over inflated dot com stocks. A lot of people got rich, but starting in late 2000, a lot of people lost it all. It took the Bush tax cuts to turn it around.

[jiggyboy]

BLS claims that 140,000 construction jobs were created in the past four months. That’s all I need to know about employment statistics from the government.