PRESIDENT BUSH PROMOTES JOB GROWTH -- (House of Representatives - October 09, 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, today The New York Times reported that employment had grown for 13 consecutive months. This reflects the impact of President Bush's economic plan for tax cuts to revive the economy by people investing their own money.
President Bush came to office in a recession, and the economy lost 1 million jobs due to the terrorist attacks of September 11. Despite this, the President helped create nearly 2 million new jobs.
The gross domestic product has been growing faster than in 20 years. Productivity has grown faster than in 20 years.
As a former real estate attorney, I am happy to see construction spending the highest ever, over $1 trillion, creating wonderful job opportunities.
In contrast, John Kerry last night proposed tax increases, which sounded like an exclusive group, but in fact, over 80 percent of the Kerry tax increases would be on small businesses which create the most jobs.
All Americans can take pride in our economy that is improving under the leadership of President Bush.
In conclusion, God bless our troops, and we will always remember September 11.