[Congressional Record (Bound Edition), Volume 152 (2006), Part 2]
[House]
[Pages 2198-2199]
[From the U.S. Government Publishing Office, www.gpo.gov]




                       OUR ECONOMY IS DOING GREAT

  (Ms. FOXX asked and was given permission to address the House for 1 
minute.)
  Ms. FOXX. Mr. Speaker, our economy is doing great. But Americans will 
not find that out from the Main Street media. New York Times, January 
2006: the U.S. economy slowed sharply at the end of 2005.
  Atlanta Journal Constitution, January 2006: economic growth slows to 
a snail's pace.
  The New York Times again, January 2006: pockets of concern slow a 
strong U.S. economy.
  But what the facts show, the U.S. economy grew 3.1 percent during 
2005. The unemployment rate is 4.7 percent, the lowest since July 2001.
  The Congressional Budget Office projects economic growth at 3.6 
percent in 2006. Personal incomes grew above inflation last year in 49 
out of 50 States. Two million jobs were created last year, and more 
Americans are working than ever before. Average weekly earnings grew 
faster in 2005 than the average growth during the Clinton years.
  Do not believe the headlines. Our economy is the envy of the 
industrialized world, and we are doing great.

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