For Immediate
Release: May 21, 2004
Dunlap: Bush Tax Cuts Improving National Economy
• Oklahoma should jump on the job
growth bandwagon by passing lawsuit reform, workers comp
reform
Senator James
Dunlap, R-Bartlesville, said Friday that there is clear
evidence that President George W. Bush’s tax cuts
have provided a significant boost to the U.S. economy.
“The evidence is clear that President
Bush’s tax cuts are working and the U.S. economy is
taking off like a rocket. We’ve seen over a million
new jobs created since last August, including a growth in
manufacturing jobs in the last three months. Unemployment
is headed down. Homeownership is at an all time high, and
inflation remains at historically low levels.
“Thank goodness the Congress had the
wisdom to support President Bush’s economic program
to get America moving again,” stated Dunlap, a former
chairman of the American Legislative Exchange Council, a
national organization of state legislators.
“Oklahoma has gained more than 17,000
new jobs since August, but this is far behind neighboring
states like Missouri, New Mexico, Texas, and Colorado. The
question is whether the Oklahoma Legislature is going to
do its part to help get Oklahoma’s economy moving
again by passing meaningful lawsuit reform and reforming
the state’s antiquated and expensive workers compensation
system.
“If Gov. Henry and the Democrat legislative
leadership fail to act on these two issues in the next week,
Oklahoma could once again be left out of a national economic
boom,” Dunlap said.
Thursday, Dunlap participated in a nationwide
conference call with several of President Bush’s economic
advisors, including Steve Friedman, the director of the
National Economic Council.
Dunlap said Friedman presented convincing
statistics showing that the economy has rebounded thanks
to President Bush’s pro-growth economic policies.
For
more information contact:
Senate Communications Office -
(405) 521-5774
