In addition to a soaring stock market, 6.6 million jobs have been created since tax relief measures went into effect in 2003. Our deficit situation has also improved as tax revenues have increased at double-digit rates over the past two years.

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With 1.7 million private sector jobs lost and half a million jobs shipped overseas over the past three years, we must take action to spur job creation and restore economic prosperity.

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The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.

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Ian The Palladium Demon Transports Into An Angel Of Light

Preacher praying-mantis
feeding springy before palladium
buying plying pliable plebeian
demand corpse plight medium

bearish plead plausible plastic
bought corpulent corpuscle ingested
inodorous inoffensive inoperative amounts
inquested ingested inquisition indictment.

Inlet inmate structural deficit decoy buy input
myth surplus succumbs as succulently sucked.
Tearing torn lion’s share profit festering festive
market reality competitors flesh fidelity defiled.


Copyright © Terence George Craddock
Written in September 1996 on the 29.9.1996.12
Alan Williamson, an analyst for HSBC in 2003, made a bearish prediction concerning Russian PGM Stocks. To quote Williamson, the 'palladium market, where the fundamentals of the market look almost unreservedly grim, ...We expect the market to move into structural oversupply, with ongoing downward pressure on prices. This bearish inaccuracy was due to the Russian government dumping large amounts of a Soviet Era palladium stockpile onto the global market. In reality Russian dumping masked the real market fundamental, which is a structural deficit, not a surplus of palladium. The Russian stockpile will soon be exhausted, existing mine production and recycling will not meet existing industry demand for palladium. “Emerging new demands in areas like palladium jewelry, fuel cell for mobile electronic, and even cold fusion, will create an even more acute shortage situation, ... driving the future palladium price to an exponentially increased purchase price.

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As you know, in the past several years, month after month, radio has increased its revenues - some of it even coming from Dot-Com advertisers. So, radio is a survivor.

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We not only heard it before 20 years ago, before George Bush in 2001 passed his tax relief, before in 2003 the tax relief were past, we were told they were dead. Before we provided prescription drugs for Medicare, we were told it wasn't going to happen.

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Stock watching

I speculated two scripts to rise
In the stock market today.
One went up and fed my pride
And the other slid down
Giving me relief
That I hadn’t bought it.
Stock watching is interesting.
16.11.2006

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Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.

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I don't give a damn about the stock market. But I do care about jobs.

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We had a $10 billion budget deficit when we got here in January of 2003. We cut that budget deficit; we did not raise taxes; we came back in '05, and we had an $8 billion surplus. That's how fast it can happen.

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The stock market can be down, but the stock market is not an indication of where people's spirits and enthusiam are, and where their intellectual energy is.

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I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

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I thought the stock was a great buy. I think anybody that bought the stock in 1999 was - saw over the next couple of years a strong growth. During the year of 1999, I significantly increased my ownership of shares in the company.

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It wasn't simply that Clinton created the greatest prosperity in the country's history. Or that we created 22 million new jobs, more than ever before. Under Clinton, poverty was reduced 25%.

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Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States.

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Over the past two years, the House has passed more than 50 measures focused on stimulating the economy and expanding opportunities for American workers. The tax relief provisions in this package have been an important part of our pro-growth agenda.

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Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s.

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Jack Kemp

Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.

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Recent economic data shows that our economy is robust, growing and headed in the right direction. The numbers don't lie. Americans are currently enjoying falling gas prices, low unemployment, increased job creation, and a stock market that has reached an all-time high.

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All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.

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We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.

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