Bush: "We're working to make sure this economy is strong and vibrant"

[Bush_Eats_Beef]

President Promotes Central American Free Trade Agreement

July 21, 2005

We are laying the foundation for peace for generations to come. As we fight the terrorists and defend this homeland, we're also working to make sure this economy is strong and vibrant -- and we've got reason for optimism. The tax relief we delivered is working. This economy of ours has overcome a lot and now it's the fastest-growing economy of any major industrialized nation in the world. Inflation is low. We're well ahead of reaching our goal to cut our deficit in half by 2009. We've had 25 consecutive months of job gains. The unemployment rate is down to 5 percent. More people are working today in America than ever before in our nation's history.

And one of the reasons why is because this administration recognizes that the way you grow an economy is you stimulate the entrepreneurial sector. Government doesn't create wealth, government creates an environment in which the entrepreneur is willing to take risks. And I'm pleased to report the entrepreneurial spirit in our Latino communities across the country is strong, vibrant and doing well. (Applause.)

We believe in encouraging ownership. The more people own something, the better off this country will be. We want more people owning their own business. Because of the vibrancy of our economy, the Hispanic unemployment rate has dropped to 5.8 percent, down from 8.4 percent two years ago. More people are working. More Hispanics own their home than ever before in our nation's history, and that's great news for the American society. (Applause.) SBA loans to Hispanic-owned businesses are up by --doubled since I took office. In other words, there is a role for government to help. But the Hispanic community is an entrepreneurial community to begin with, and it's responding and it's really good news for the country.

http://www.whitehouse.gov/news/releases/2005/07/20050721-1.html

[applegrove]

1. For stockholders.....full employment or targets thereof are out the window

[wli]

2. 1 million jobs lost on his watch, trillions added to national debt

[Imagevision]

3. Bush? his day will come...

[dajoki]

4. "laying the foundation for peace"?

that's a good one. LOL:wtf: