    [Public Papers of the Presidents of the United States: George W. Bush (2007, Book II)]
    [December 31, 2007]
    [Pages 1596-1597]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Message on the Observance of New Year's Day, 2008
    December 31, 2007

        As we enter this New Year, we reflect on the past and look forward
    to a promising year ahead.
        A future of hope and opportunity begins with a robust economy.
    Thanks to America's workers and entrepreneurs, our economy grew at a
    vigorous rate last year. Keeping taxes low and exercising fiscal
    restraint helped ensure that the number of jobs increased and the
    deficit once again fell ahead of schedule. The underpinnings of our
    economy have proven strong, competitive, and resilient enough to
    overcome the challenges we face. In the coming year, we will continue to
    encourage growth in the economy so Americans have more money to invest
    in their businesses, spend on their families, and put aside for the
    future.
        In addition to our efforts here at home, the United States continued
    its work to spread freedom and peace around the world. America is
    determined to defeat terrorists and extremists, and we will remain

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    on the offensive against the enemies of freedom. In 2008, we will
    continue to stand beside our partners in the international community to
    lay a foundation of peace for our children and grandchildren.
        America is grateful for the service and sacrifice of our Nation's
    troops and their families. During this hopeful time of year, we remain
    mindful of the courage and resolve of the fine men and women who protect
    our country and defend freedom's cause.
        As we welcome this New Year, we move forward with trust in the power
    of the American spirit, confidence in our purpose, and faith in a loving
    God who created us to be free.
        Laura and I send our best wishes for a happy
    New Year. May God bless you, may God bless our troops and their
    families, and may God bless America.

                                                              George W. Bush

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    this message.