President Bush, in his weekly radio address to the nation, talked about the recent reports about our nation’s economy and about key spending bills that are currently before Congress.
THE PRESIDENT: “Good morning.
This week, we received more good news showing that our economy is strong and growing. The Department of Labor reports that our economy has now created jobs for 46 consecutive months. America added 132,000 jobs in June, and that means our economy has added more than 8.2 million new jobs since August of 2003. Unemployment is low, consumer confidence is high, incomes are rising, and opportunity is growing across America.
Our Nation’s strong economy is no accident. It is the result of the hard work of the American people and pro-growth policies in Washington. Starting in 2001, my Administration delivered the largest tax relief since Ronald Reagan was in the White House. Our tax relief has left $1.1 trillion in the hands of citizens like you to save, and spend, and invest as you see fit.