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Press Release - Statement on the Dow Record Closing

Date: Oct. 3, 2006
Location: Lewisville, TX
Issues: Economy and Fiscal


Statement on the Dow Record Closing

LEWISVILLE, TX, Oct 3 -

"Because of the policies of our President and the legislation passed by this Congress, the United States' economy is thriving. At the close of trading today, the Dow set a record high of 11,758.95 which supersedes the January 14, 2000 record of 11,750.28.

"The resilience of the American economy is truly remarkable. I recall that when I was sworn in as a U.S. Representative, on January 3, 2003, the Dow closed at roughly 8,500.

"Considering all the things that have been thrown at our economy, including a terrorist attack, war, and corporate scandals, our economy has persevered and is in fact stronger than ever.

Investors are buoyed by this announcement, and the American people should be brimming with confidence and optimism about their financial futures in such an economy."

http://burgess.house.gov/News/DocumentSingle.aspx?DocumentID=51228

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