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FOR IMMEDIATE
RELEASE Tuesday, �I once again express my appreciation to each and every one of you that many you traveled a long distance to be here for this important day and a chance to talk about our economy, chance to express your views to the administration, the president, American people. As you know, this is being covered all day long by the press, so it is an opportunity to let America hear what's on your mind. �I
have been traveling across this country for the last 18 months, but �And
I like to remind people in times like this that our economy, our economic �We -- it looks like now the recession began in early part of 2001, first quarter. The first three quarters, now it appears, were all negative GDP growth. We had very strong positive GDP growth in the fourth quarter, which gives you a sense of the resiliency of this economy, particularly when you think about what happened September 11th. There were a lot of people very concerned about what that terrorist attack would do to our economic foundation. And I think because of this president's leadership, I think because of, quite frankly, information technology as well, I think people had the information they needed in a real-time -- in real time, so they could make quick decisions and not overreact to the situation that we were faced with September 11th. But clearly one of the most important reasons that the economy did well in the fourth quarter and continues to do well in the first half of 2002 was the president's leadership and people feeling confident that there was strong leadership in this country at a very critical moment, a moment when we were attacked and a moment where this country found itself at war.
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US Department of Commerce, 1401 Constitution Avenue, NW, Washington, DC 20230 Last Updated: October 18, 2007 10:29 AM Contact Secretary Gutierrez by e-mail at cgutierrez@doc.gov. Direct inquiries about this page to webmaster@doc.gov. Privacy Policy |