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Skriven 2007-01-05 23:31:48 av Whitehouse Press (1:3634/12.0)
Ärende: Press Release (070105) for Fri, 2007 Jan 5
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Fact Sheet: Job Creation Continues _ More Than 7.2 Million Jobs Created
Since August 2003
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For Immediate Release
Office of the Press Secretary
January 5, 2007

Fact Sheet: Job Creation Continues _ More Than 7.2 Million Jobs Created
Since August 2003


˙˙˙˙˙ In Focus: Jobs and Economy

Today, The Government Released New Jobs Figures _ 167,000 Jobs Created In
December. This number is much higher than market expectations. In addition,
employment estimates for October and November were revised up, adding
29,000 jobs. Since August 2003, more than 7.2 million jobs have been
created more jobs than the European Union and Japan combined. Our economy
has now added jobs for 40 straight months.

American Workers Are Finding Jobs And Taking Home More Pay

  ū Real Wages Rose 2.5 Percent Over The Past 12 Months Ending In November.
    This means an extra $1,420 for the typical family of four with two wage
    earners.
  ū Real After-Tax Income Per Person Has Risen By 9.6 Percent $2,840 Since
    The President Took Office.
  ū Employment Increased In All But One State Over The Past 12 Months
    Ending In November.
  ū The National Unemployment Rate Remains Low At 4.5 Percent. This is well
    below the 5.1 percent average rate for 2005, and below the average of
    each of the past four decades.
  ū The U.S. Has Grown Faster Than Any Other G-7 Industrialized Nation Over
    The Past Four Quarters.

The President Has An Aggressive Agenda To Keep Our Economy Strong And
Growing

This Week, President Bush Announced His Proposal For A Balanced Budget By
2012. On February 5, the Administration will present its five-year budget
proposal, which will reduce the budget deficit over the next five years and
achieve balance while addressing the Nation's most critical needs,
including support for the Global War on Terror and sustaining the strength
of our economy through permanent tax relief. The President knows unchecked
growth of entitlement programs remains the principal challenge to
restraining Federal spending, and he will continue working with Congress to
address this challenge.

  ū The President Also Called For Comprehensive Earmark Reform. The
    President has called for both political parties to work together on
    comprehensive earmark reform that includes full disclosure for each
    earmark and cutting the number and cost of all earmarks by at least
    half.

The President Will Continue Pushing For Line-Item Veto Authority To Target
Unnecessary And Wasteful Spending. A President can use the line-item veto
to help reduce the budget deficit and discourage the practice of earmarking
Federal funds for projects that are wasteful, duplicative, or unneeded.
Congress should pass legislation giving the President the authority to use
this important tool, already held by 43 of the Nation's governors.

The President Wants To Keep Our Economy Growing By Making His Tax Relief
Permanent. In December, the President signed legislation that extends key
tax relief measures such as the deductibility of tuition and higher
education expenses and the research and development tax credit. To keep our
economy growing, the President calls on Congress to make tax rate
reductions and other pro-growth tax relief permanent. The President also
supports making permanent the Child Tax credit and the marriage penalty
relief.

The President's Policies Are Helping Make Health Care Affordable And
Accessible For More Americans. In December, the President signed
legislation to bring Health Savings Accounts (HSAs) within reach for more
Americans. HSAs allow people to save money for health care tax-free, and to
take these accounts with them if they move from job to job. In addition,
strong competition is helping the Medicare prescription drug program
provide beneficiaries access to the drugs they need at costs much lower
than originally forecast.

The President's Advanced Energy Initiative (AEI) Promotes Alternatives To
Oil And Clean, Domestic, Affordable Ways To Power Our Homes And Vehicles.
The President is funding new technology to create new sources of fuel,
build a reliable domestic supply of alternative fuels, develop new domestic
energy resources, increase efficiency, and reduce air pollution and
greenhouse gases. In December, the President signed legislation that will
extend tax credits for investment in renewable electricity resources,
encourage the development of clean coal technology and renewable fuels, and
help promote new energy efficient technologies.

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