Friday, September 5, 2008

A resilent economy

From the office of the press secretary, President Bush just released a Fact Sheet: American Economy Is Resilient in the Face of Challenges. Not surprising due to the numbers that just came out today stating that unemployment in America has risen to 6.1%.
Some of the highlights in the report focus on an urge to the democratic congress for:
  • Oil exploration offshore on the Outer Continental Shelf (OCS)
  • provision blocking oil shale leasing on Federal lands – President Bush calls on Congress to remove the provision which blocks leasing oil shale
  • extending tax credits for low-emission, low-carbon power production

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