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President Bush Discusses the Economy and the War on Terror
President George W. Bush discusses the economy in San Bernardino, Calif., Thursday, Oct. 16, 2003. "Last month this economy exceeded expectations and added new jobs. Inflation is low. After-tax incomes are rising. Home ownership is at record highs. Productivity is high. Factory orders, particularly for high-tech equipment, have risen over the last several months," said the President. "Our strategy has set the stage for sustained growth. By reducing taxes we kept a promise, and we did the right thing at the right time for the American economy."

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