PRESIDENT BUSH'S POLICIES ARE CREATING JOBS AND SPURRING THE ECONOMY -- (House of Representatives - March 03, 2004)
(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, President Bush took office 3 years ago facing the challenge of managing a recession that began under the prior administration. Soon other factors bogged down our economy, including the attacks of September 11, corporate scandals and the ensuing stock market decline. Despite all of these negative events, President Bush and the Republican Congress have worked together to strengthen the economy in America. Due to the President's policies of tax relief, we have seen an increase of 366,000 jobs. And, according to the American Shareholders Association, the stock market is on pace to generate an astonishing $6.3 trillion of new resources since October 2002 for America's families. Additionally, unemployment has fallen below the average of each of the last three decades.
However, more work is needed which the President has outlined. We must make tax relief for all taxpayers permanent, reduce regulation, ensure affordable health care for families and small businesses, and enact a sound national energy policy.
In conclusion, may God bless our troops and we will never forget September 11.