Republican: 'Economy is rocking and rolling like never before'

RAW STORY
Published: Friday April 7, 2006

In a statement released today, Congressman Jack Kingston (R-GA), vice chairman of the Republican Conference, announced that "The economy is rocking and rolling like never before."

Kingston points to a Department of Labor Bureau of Labor Statistics (BLS) employment report that indicated 211,000 new jobs were created in last month. In the last 12 months, 2 million jobs have been added to the U.S. economy.

Democrats are unconvinced.

Stating that President Bush, hit by yesterday's allegation that he ordered the release of classified information, would attempt to boast of economic improvement, Democrats released a pre-emptive "fact check."

The document cites a widening gap between the rich and poor, declining wages when adjusted for inflation, a 70% rise in health care premiums and a 57% rise in college tuition since Bush took office. It cites high-income tax cuts and the record U.S. deficit as contributing factors.