Do you see any lies in Bush's economy stats?

8.31 Million Jobs Created Since August 2003 In Longest Continuous Months Of Job Growth On Record

November 2, 2007, the Bureau of Labor Statistics released new jobs figures 鈥?166,000 jobs created in October. Since August 2003, 8.31 million jobs have been created, with 1.68 million jobs created over the 12 months that ended in October. Our economy has now added jobs for 50 straight months 鈥?the longest period of uninterrupted job growth on record. The unemployment rate remains low at 4.7 percent.

The U.S. Economy Remains Strong, Flexible, And Dynamic

?Real GDP grew at a strong 3.9 percent in the third quarter of 2007. The economy has now experienced six years of uninterrupted growth, averaging 2.8 percent a year since 2001.

?Real after-tax per capita personal income has risen by 12.7 percent 鈥?an average of over $3,800 per person 鈥?since President Bush took office.

?Real wages rose 1.2 percent over the 12 months that ended in September. This rise is faster than the average rate during the 1990s.

?Since the first quarter of 2001, productivity growth has averaged 2.6 percent per year. This growth is well above average productivity growth in the 1990s, 1980s, and 1970s.

?The deficit today is at 1.2 percent of GDP, well below the 40-year average. Economic growth contributed to a 6.7 percent rise in tax receipts in FY 2007, following an increase of 11.8 percent in FY 2006.

To Keep Our Economy Strong, Congress Must Keep Taxes Low And Be Responsible With American Taxpayers%26#039; Money

Congress should pass the 12 annual spending bills one at a time in a fiscally responsible manner. Even though Fiscal Year 2008 began 33 days ago, Congress has failed to send a single spending bill to the President%26#039;s desk 鈥?the worst record for a Congress in 20 years.

?Congress should begin by sending the President 鈥?by Veterans Day 鈥?a clean Veterans spending bill that he can sign. Congress should also pass a clean Defense appropriations bill, and a war supplemental bill to fund our troops in combat. It would be irresponsible to not give our troops the resources they need to get their job done just because Congress was unable to get its job done.

The Democrats proposed $205 billion in additional spending over the next five years. In addition, Congressional Democrats have proposed tax increases in the farm bill, the energy bill, the small business bill, and the State Children%26#039;s Health Insurance Program (SCHIP) bill.

?The President proposed a responsible level of discretionary spending in his FY 2008 Budget, and he will veto annual spending bills that exceed this level.

Congress should work with the administration on an SCHIP reauthorization bill that puts poor children first. Instead, the House and Senate have passed an SCHIP bill that raises taxes to move two million children from private health insurance to a government run program. This bill repeals the requirement that 95 percent of children below 200 percent of the Federal poverty level be covered before coverage is extended to new children from higher income families, it still allows states to cover adults, and it costs more over the next five years than the bill the President vetoed four weeks ago.

Congressional leaders should also stand by their commitment to consider pending free trade agreements with Peru, Colombia, Panama, and South Korea. These free trade agreements will create better-paying jobs for American workers and farmers, and provide new opportunities for American entrepreneurs.

Do you see any lies in Bush%26#039;s economy stats?mortgage lenders

The trouble with any data compiled by the government, whether by Democrats or Republicans, is that you just don%26#039;t know whether to believe them or not.

During the past 40 years or so, administrations and the congress have been changing formulas used in calculating financial data. Carter, for example, was the first to use Social Security revenue as general tax income to give the appearance the federal budget was balanced.

All government data is so skewed now that you just have to take it with a grain of salt.

Do you see any lies in Bush%26#039;s economy stats?

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No one can seriously challenge the fact that our economy has done extremely well under Bush. And, our national defense also. But for President Bush we might all have lost our heads by now.|||I wonder how liberals are going to counter this.....

edit:

Hahahaha, they didnt even try.|||Rise in real income does not mean a thing when the prices of everything is steadily rising as well. In fact history has shown that wages have steadily risen for the most part. It%26#039;s called inflation. Gas is eating an ever larger part of the average American%26#039;s income, the prices of everything have increased due to higher gas costs. The housing sector is in terrible trouble right now. I like how your points are very selective in nature, not really capturing the entire economic picture. By the way, I consider myself a conservative, just not in any way a Bush lover, so lets stop all of the %26quot;you%26#039;re a dumb liberal%26quot; comments before they start.

Edit: Also with the weakening dollar, these income increases mean significantly less to the person who has received an increase.|||I have to give this one a huge barf ! and a huge yawwnnnn!