January 8, 2006

MUSCLE BOUND:

Economy Gained Muscle Last Year, Expanding Jobs (Jim VandeHei and Nell Henderson, January 7, 2006,
Washington Post)

The U.S. job market strengthened last year, as employers added 2 million jobs and the unemployment rate fell to 4.9 percent in December, the Labor Department reported Friday. The data reinforced other signs that the economy was growing at a healthy pace as it entered the new year despite the turmoil caused by hurricanes and higher energy prices.

The figures offered a well-timed boost to President Bush, who touted them here in his latest outing in a campaign to convince Americans that his tax and budget policies are working, despite polling that shows widespread unease about the economy. [...]

"Americans are going to work, this economy is strong, and we intend to keep it that way," Bush said in lunchtime speech to the Economic Club of Chicago. Hitting on several themes he plans to trumpet in his State of the Union speech, the president argued that tax breaks, spending restraints and robust trade are making the U.S. economy the "envy of the industrialized world."


Oh well, Democrats can always pray for more hurricanes....

Posted by Orrin Judd at January 8, 2006 8:57 AM
Comments

I saw part of Bush's speech, along with a text crawler of the Democrats saying "We need to increase taxes in order to make the economy boom."

Even the wife said, "HUH??"

Posted by: ray at January 8, 2006 1:34 PM

The new mantra of the Dems in the next 6 months will be "sure, the economy is growing, but wages aren't going up for people without educations."

The correct response will be, "so, get an education." Let's see if the Republicans are smart enough to say that.

Posted by: Steve White at January 8, 2006 2:58 PM

Steve White

"but wages aren't going up for people without educations"

Because people lacking in education are having to compete for jobs with illegal aliens from Mexico.
(a state of affairs, supported by Democrats as much as Republicans, unfortuanately). Neither the Mexicans immigrating, nor those Americans competing with them have shown an inclination (or ability) to utilize already available education resources.

Posted by: h-man at January 8, 2006 4:44 PM

h-man

Ordinary folks don't "utilize already available education resources". They just work hard to educate their children.

Posted by: Peter B at January 8, 2006 7:21 PM

OH well thank you for not letting my verbositisation go unnoticed Kingfish.

Posted by: h-man at January 9, 2006 7:51 AM
« NO KNOWN KNOWNS: | Main | SADDAM GAVE US STABILITY AND SECULARISM: »