Its hard to keep a good man down and even harder to keep a strong economy down. The US Commerce Dept has announced that the US economy grew by 3.8% during the last quarter, which marks another strong quarter of growth for the US economy. In spite of numerous attempts by the left to continually portray the US economy as languishing in the doldrums, the US economy continues to defy the naysayers, including the American media. Indeed, making in the press, reacted with surprise and silent disappointment at news of the economies continued growth. The left has exhausted a great amount of political capital in its attempts to convince the country that we aren’t on sound economic footing and the president is to blame. Well the president is to blame, but our footing is most certainly sound. Regardless of this, many have fallen for the Democratic spin and have convinced themselves of imagined economic decline. These are the same people, looking to government to make every decision of importance in their lives. Not only is the US economy resilient but has withstood the shock of Hurricane Katrina and the horde of unproductive poor people it unleashed upon many American cities and the economy has withstood the ever increasing price of oil. Why? Because we have lowered taxes and created a climate which favors economic growth. The president’s economic policies are again vindicated, while the leftist pro-European socialist preferences are further denigrated by the continued economic failure of Europe.
http://www.usatoday.com/money/economy/gdp/2005-10-28-gdp-q3_x.htm