Labor Day Sunshine

I hope everyone's enjoying a happy and restful holiday weekends with friends and/or family.  If you're stuck inside, whether for weather or workload, and find yourself assailed with any ghost story hokum about a weak or troubled national economy, salve your brain with these timely economic reminders, courtesy of Senator Orrin Hatch (R-UT).

• In the last three years, 5.7 million new jobs have been created in America. In this last month, 128,000 were created.
• The unemployment rate is 4.7 percent – lower than the average for the past 30 years. In my home state of Utah, the reddest state in the union, the unemployment rate is 3.4 percent.
• Manufacturing production has risen 5.6 percent since June 2005.
• This year’s budget deficit is $140 billion less than predicted.

On the subject of delicious (and good for you too!) tax cuts, Hatch said, "Some have criticized Congress for lowering taxes while our nation has to pay for emergencies like two wars and hurricane recovery.  But many critics miss the fact that the president’s tax cuts have boosted productivity, which ultimately increases household income as well as the amount of money flowing into the government’s coffers. These numbers show that Congress’s pro-growth policies have kept the economy on the right track."

Mmm... Growth.

Happy labor day!