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Press Release - Wilson: Our Economy is Surging

Date: Oct. 18, 2006
Location: Washington, DC
Issues: Taxes Finance and Banking Government Budget and Spending


Wilson: Our Economy is Surging

Dow Hits 12,000 Mark

WASHINGTON - Congressman Joe Wilson (SC-02), member of the House Committee on Education and the Workforce, today released the following statement after the Dow Jones Industrial Average reached an all-time high of 12,000:

"This morning, the U.S. stock market hit its highest ever trading mark. A surging market affects all Americans, whether directly or indirectly. A healthy economy creates jobs, fights inflation, drives down prices, and increases the quality of life nationwide.

"Former President Bill Clinton's slogan ‘It's the Economy, Stupid' resonated with American families during his presidential campaign. Unfortunately, Mr. Clinton's own party has failed Economics 101.

"Republicans are committed to cutting taxes and decreasing government spending to ensure our growing economy continues to thrive. Capitol Hill Democrats, in contrast, will raise taxes on American families and drive down the stock market, thereby choking the life of our economy."

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http://joewilson.house.gov/index.cfm?ContentID=353&ParentID=53&SectionID=47&SectionTree=7,53,47&lnk=b&ItemID=352

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