Junior's radio address: "America's economy is on the right track"

[Bush_Eats_Beef]

THE PRESIDENT: Good morning. America's economy is on the right track. Over the past two years, we've added more than 3.5 million new jobs. More Americans are working today than ever before. Home ownership is at an all time high. Small businesses are flourishing. Factory output is growing. And families are taking home more of what they earn.

These are hopeful signs for our economy, and we must work hard to sustain that prosperity. When members of Congress return next week, they need to take action on four key priorities for the American people.

First, Congress needs to complete an energy bill. America is growing more dependent on foreign oil, and that is driving up the price of gasoline across the country. For the past four years, I've called on Congress to pass legislation that encourages energy conservation, promotes domestic production in environmentally friendly ways, funds research into new technologies to help us diversify away from foreign oil, and modernizes the electricity grid. I applaud the House for passing an energy bill. Now the American people expect the Senate to act, so I can sign a good energy bill into law by August.

Second, Americans expect Congress to be wise with their money. I proposed a disciplined federal budget that makes tax relief permanent, holds the growth in discretionary spending below the rate of inflation and reduces discretionary spending for non-security programs. The House and the Senate have worked together to pass a responsible budget resolution that keeps us on track to cut the deficit in half by 2009. Now Congress must keep its promise to exercise restraint on spending bills and to rein in mandatory spending. The principle is clear: Every taxpayer dollar must be spent wisely or not at all.

http://www.whitehouse.gov/news/releases/2005/06/20050604.html

[kenny blankenship]

1. It's just taking forever to leave the station

[Gormy Cuss]

4. That's because no one will board until they announce the destination n/t

[KarenS]

2. It's 'on the right track' - if you support the rich getting richer,

the poor getting poorer, and the middle-class going away.

[SpiralHawk]

6. "I want my ownership society." - George Bush and the fat-cat Republicans

who plan to do the owning, to the vast hordes of proles (citizen-consumer units) who will subsist and suffer under the Corporo-Republican Thumb.

But this, too, shall pass...

[InternalDialogue]

3. More and more like Baghdad Bob all the time.

I used to think *'s addresses were random and sadly ironic. Lately though they're more and more like Baghdad Bob's final press conferences, with tanks rolling by in the background.

[gratuitous]

5. He's still blabbering about cutting the deficit?

Except for every talking chucklehead on the radio and teevee, who aren't expected to know any better, who does he think he's fooling?

[area51]

7. "Right track"...

"America's economy is on the right track" ... to destruction.

-------------
"Prosperity is just around the corner." — Herbert Hoover
"The economy has turned a corner." — GW Bush

Herbert Hoover = GW Bush

Neither man cared about the Depression their economic policies created.

[LibDemAlways]

8. "Home ownership is at an all time high."

So are prices, chimpy. In Southern California the average person can't afford any home. Those who have jumped aboard the bandwagon recently are paying vastly inflated prices and taking out interest only loans. When the crash comes, foreclosures will be at an all time high.

[Gormy Cuss]

9. When do we stop calling home indebtedness 'ownership?'

Honestly, all many people 'own' these days is the right to take on all the responsibilities without the renter's benefits like fixed costs each month. One owns property when there are no liens, and substantially owns it when liens are less than half the value, but otherwise let's face it, all you own is the right to hedge your bets on increasing equity faster than you're shelling out interest payments.