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America's Strong Economy

Date: Sept. 6, 2006
Location: Washington, DC
Issues: Unemployed and Low-Income Economy and Fiscal


AMERICA'S STRONG ECONOMY -- (House of Representatives - September 06, 2006)

(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 traveling by bus through the 10 counties of South Carolina's Second Congressional District last month, I visited with chambers of commerce, schools, and booming local businesses. During these visits, I saw the effects of Republican tax reductions and pro-growth initiatives at work.

Due to the Republicans' fiscal policies, workers are keeping more of their own money. In turn, they are investing more money in their local economies. Last month, the unemployment rate dipped to 4.7 percent, one of the lowest points since 2001. Yet just last week, House Democratic Leader Nancy Pelosi stated: ``Our economy is moving in the wrong direction.''

I am grateful that American workers can celebrate 36 consecutive months of job growth, creating nearly 6 million new jobs. Homeownership is at a record high of nearly 70 percent, and more persons than ever in history are fulfilling the American Dream.

In conclusion, God bless our troops, and we will never forget September 11.

http://thomas.loc.gov/

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