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October 13th, 2006 by Spokesbloggette

 The board at the New York Stock Exchange shows the Dow Jones Industrial Average up 96.69 points, to 11,948 as the closing bell is rung, Thursday Oct. 12, 2006. Stocks advanced Thursday, with the Dow Jones industrial average crossing 11,900 for the first time, after big consumer names like McDonald's Corp. gave investors hope that earnings would be strong despite a slowing economy. (AP Photo/Richard Drew)

Yesterday the Dow Jones closed at a new record high of 11,948.26.  This follows on the heels of President Bush’s announcement that the budget deficit has been cut in half - three years ahead of schedule - and has reached its lowest level in four years.

How is this possible? Well, how about cutting taxes for everyone and restraining spending.  It’s a winning formula that time and time again has proven to work. And what do the Democrats want to do?  Well, read HERE and then you decide which approach works best for the economy and for all Americans.