[Congressional Record Volume 150, Number 116 (Thursday, September 23, 2004)]
[House]
[Page H7449]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MISERY INDEX LOW; PROSPERITY INDEX HIGH
(Mr. SMITH of Texas asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. SMITH of Texas. Mr. Speaker, for years, the Misery Index has
measured the good or bad impact of the economy on everyday Americans.
The Misery Index is the combination of the unemployment rate and the
inflation rate.
President George Bush has the lowest Misery Index of any President
seeking re-election in 30 years. The Misery Index under President Bush
is only 7.3 percent. Over 1.7 million jobs have been created just in
the last year. President Bush's initiatives have given Americans
economic growth and a freer and more secure country.
Mr. Speaker, given President Bush's good record on the economy, maybe
we should give him credit for a prosperity index.
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