[Congressional Record (Bound Edition), Volume 151 (2005), Part 22]
[House]
[Page 29424]
[From the U.S. Government Publishing Office, www.gpo.gov]




                   ECONOMY PROMOTES AMERICAN FAMILIES

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Mr. Speaker, while I would be happy to 
report all of the good news about today's economy, it would certainly 
take me more than 1 minute.
  By decreasing taxes and eliminating unnecessary government 
regulations, President Bush and Republican leaders have created strong 
economic growth that has delivered a long list of benefits to the 
American families.
  Four point five million new jobs have been created since May 2003. 
Home sales reached a record high in October with the highest percentage 
of American home ownership in history. Consumer prices decreased last 
month by 0.6 percent, the largest decrease since 1949. Energy prices 
recently dropped by 8 percent. The unemployment rate is lower than the 
average of the past 3 decades. The economy grow at 4.3 percent over the 
last 10 quarters. Productivity soared in the last quarter by 4.7 
percent, reducing fears of inflation.
  Although we are pleased about these excellent economic indicators, we 
are not satisfied. House Republicans will continue to promote policies 
that create jobs for all American families.
  In conclusion, God bless our troops, and we will never forget 
September 11.

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