The Prez says: "Major companies have announced plans to add even more jobs.This morning we got some good news: The nation added 121,000 new jobs for the month of June. That's over 5.4 million jobs since August of 2003. That's 34 months of job increases.
First quarter, our economy grew at 5.6 percent. Productivity is high. People are better off. Things are working.
Whereas, CNN Money noted: Stocks tumbled Friday, with the Dow and Nasdaq closing down over 1 percent, after disappointing corporate news and the monthly jobs report pointed to slowing growth and rising inflationary pressure in the world's largest economy. link
Is Bush on crack? Gas prices are up, wages are stagnant, it's nearly impossible to send a kid to college, and economically speaking for the middle class, it sucks. Of course, if you saw him on Larry King live last night, you understand that he is totally deluded, and has no clue about what the rest of the US or the world, for that matter, are feeling right now.