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“DEMOCRATS IN DENIAL” mentioning the U.S. Dept. of Commerce was published in the House of Representatives section on pages H2105-H2106 on May 4, 2006.
The publication is reproduced in full below:
DEMOCRATS IN DENIAL
(Ms. FOXX asked and was given permission to address the House for 1 minute and to revise and extend her remarks.)
Ms. FOXX. Madam Speaker, when it comes to our economy, denial is alive and well on the other side of the aisle. The Commerce Department reported Friday that the economy grew at 4.8 percent in the first quarter of 2006. This is the fastest pace in more than 2 years, and the economy has now grown for 18 straight quarters. The Conference Board's Index of Consumer Confidence also increased to the highest level since May, 2002.
These reports indicate that the great news of our thriving economy has reached the American people. Despite the efforts of House Democrats to paint a gloomy picture, Americans are spending their money and thoroughly enjoying the success of our economic boom.
Not only is our economy growing at a record pace, but in the past year the number of first-time jobless claims has fallen 6.5 percent, while the number of continuing claims is down 8 percent. Jobs were created in 48 States between March, 2005, and March, 2006, while jobless rates were down in 43 States.
Madam Speaker, the good economic news is flowing in like a river, and it will continue as long as we pursue Republican pro-growth tax policies. And as hard as Democrats try, they just can't deny that.
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