Brandon

Wednesday, October 18, 2006

More Bad News for Democrats as Dow Jones Breaks Records All Week

Bad news for Democrats:

  • Over The First Half Of This Year, Our Economy Grew At A Strong 4.1 Percent Annual Rate Faster Than Any Other Major Industrialized Country.
  • Nominal Wage Growth Has Been 4.1 Percent So Far This Year. This is better or comparable to its 1990's peaks. Over the first half of 2006, employee compensation per hour grew at a 6.3 percent annual rate adjusted for inflation.
  • Real After-Tax Income Has Risen 15.0 Percent Since January 2001. Real after-tax income per person has risen by 9 percent since January 2001.
  • Productivity Has Grown A Strong 2.5 Percent Over The Past Four Quarters, Well Ahead Of Average Productivity Growth In The Last Three Decades. Strong productivity growth helps lead to GDP growth, higher real wages, and stronger corporate profits.
  • Gas Prices Have Fallen 74 Cents Nationwide Since Early August.
  • Employment Increased In 48 States Over The Past 12 Months Ending In August.
  • The Dow Set Record Highs On Three Consecutive Days This Week.

Our economy is doing better than any other major industrialized nation whose governments have more in common with the policies of today's Democrats than those put forward by President Bush and enacted by the GOP House of Representatives.

Do you really want to kill the goose that lays the golden eggs this November?

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