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Strengthening the Economy: Jobs and Economic Growth

Strengthening America's Economy and Creating Jobs in Wisconsin

  • Despite a recession, the stock market decline, terrorist attacks, corporate scandals, and war, this economy is strong and getting stronger. The economy is growing at the fastest rate in two decades, and America currently has the fastest growing economy of any industrialized country in the world. Inflation, interest rates, and mortgage rates are near historic lows. Homeownership rates are at the highest level ever. After-tax incomes are up by 8.4% since the end of 2000.substantially higher than following the last recession, and household wealth is at an all-time high. The unemployment rate dropped from its peak of 6.3% last June to 5.6% today.below the average unemployment rate of the 1970s, 1980s, and 1990s.
  • The President.s pro-growth policies are working, but he will not be satisfied until every American looking for work has found a job. To create more jobs, we must make sure America remains the best place in the world to do business. The President has outlined a six-point plan for building on the success of his jobs and growth agenda to create even more job opportunities for America.s workers.
    • Tax relief was vital to getting the economy moving again, and for the sake of job creation, it must be made permanent.
    • There need to be fewer regulations so business owners can focus on their business rather than spending hours on paperwork.
    • We need legal reform to cut down on frivolous lawsuits. Even the threat of frivolous lawsuits puts a damper on job creation, investment, and expansion.
    • We need to address the high cost of health care and provide coverage for the uninsured through association health plans, health savings accounts, and medical liability reform.
    • We need affordable and reliable supplies of energy so we can reduce our dependence on foreign oil.
    • Finally, we need to open more foreign markets to U.S. products and services.
  • The President.s policies have brought us back from recession to recovery. Now is not the time to change the policies that are strengthening our economic recovery. A pro-growth economic agenda, and help for American workers to gain the skills to secure good jobs, are the right ways to respond to the challenges of our growing and changing economy. Raising taxes and retreating into economic isolationism is the wrong course to take. These policies would endanger our economic recovery and cost U.S. workers jobs.

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Speeches and News Releases
November 2, 2007
Fact Sheet: October 2007 Marks Record 50th Consecutive Month of Job Growth
October 30, 2007
President Bush Urges Congress to Pass Appropriations Bills
President George W. Bush addresses his remarks, Tuesday, October 30, 2007, on the North Portico steps of the White House after meeting with the House Republican Conference. Standing with the President are members of the House Republican leadership from left, Rep. Eric Cantor of Virginia., House Minority Whip Roy Blunt of Missouri, House Minority Leader John Boehner of Ohio and Rep. Adam Putnam of Florida. White House photo by Joyce N. Boghosian
October 26, 2007
The Budget Breakdown: 110th Congress Reaches Milestone of Failure
October 15, 2007
President Bush Discusses The Budget
President George W. Bush gestures to make a point during his remarks to an audience at the John Q. Hammons Convention Center in Rogers, Ark., Monday, Oct. 15, 2007, urging Congress to be fiscally responsible with the taxpayer’s money. White House photo by Eric Draper
More News »
Press Briefings
  Briefing Excerpts 2/12/2004
  Briefing Excerpts 1/21/2004
  Briefing Excerpts 1/15/2004
  Briefing Excerpts 1/6/2004
  Briefing Excerpts 12/30/2003
  Briefing Excerpts 11/26/2003
  Briefing Excerpts 11/25/2003
  Briefing Excerpts 11/7/2003
  Briefing Excerpts 11/5/2003
More Excerpts »
  Tax Relief Helps Economic Growth
  The Jobs and Growth Act of 2003
  Fact Sheet: Building Momentum for New Job Creation
  Fact Sheet: Building Momentum for New Job Creation
  Fact Sheet: President Bush Taking Action to Strengthen America's Economy
  Economists & Industry Respond
  Dept. of Commerce
  Dept. of Labor
  Dept. of Treasury