ECONOMY AND FISCAL RESTRAINT -- (House of Representatives - March 07, 2006)
(Mrs. BLACKBURN asked and was given permission to address the House for 1 minute and to revise and extend her remarks.)
Mrs. BLACKBURN. Mr. Speaker, there are some days that it probably is a little depressing to be a mainstream media reporter.
In their world, our economy is sinking and the war on terrorism is absolutely hopeless.
Thankfully, in the real world, Americans know that we have drastically impacted al Qaeda's ability to attack us, and our economy is booming. Yes, it is booming.
We are expecting growth this quarter somewhere around 4 percent or more, and that means jobs. We have created almost 5 million new jobs and had 3 years of strong, solid economic growth.
When you compare our economy to Europe, to most nations, we are in an amazing era. Unemployment is below 5 percent. That is outstanding, and it is a shame that the mainstream reporters just cannot get the story right.
Our tax policies reduced the burden of taxation on Americans, and they have responded as they always do, by creating new jobs.