Economy Roaring, Despite the Best Efforts of the Dems

More good economic news came out today with the jobs report:

The U.S. job market sprung back last month from a hurricane-induced slowdown as employers added 215,000 workers to their payrolls, according to a government report on Friday that hewed close to expectations in financial markets.

In its monthly report on employment, the Labor Department also said the unemployment rate held steady in November at 5 percent, as expected.

Wall Street economists had expected nonfarm payrolls to expand 210,000 in November, with the unemployment rate holding steady at 5 percent.

Earlier this week the 3rd quarter growth number was revised upward to 4.3%, a very strong quarter despite the country being hammered by several hurricanes.

The Bush team should be trumpeting this news everywhere they go in an effort to protect their tax cuts, some of which are going to end unless Congress acts. Given these numbers, there's no reason why the case can't be made to make permanent the Bush tax cuts.

Of course, the Dems have no interest whatsoever in a growing economy, since that would be bad for them in '06 (it must be really fun to be in the party of defeat and despair). They'll do whatever they can to stop the tax cuts, since anything that takes money out of the economy and slows the growth will, in their twisted sense of priority, aid their election chances.

All the more reason for the Bush Administration to get out and shout about their economic successes.

UPDATE: Maybe the President read my blog:

President Bush hailed new employment figures on Friday showing that the hurricane-stunted U.S. jobs market has rebounded. "This economy is in good shape," he declared. Bush, faced with the lowest approval ratings of his presidency, went to the White House Rose Garden to welcome a Labor Department report showing nonfarm payrolls had grown by 215,000 last month, the strongest increase since July.

"Our economy continues to gain strength and momentum," the president said.

The monthly employment report also showed the jobless rate holding steady at 5 percent. The spring back in employment came after two sluggish months in which job creation was held down by damage from Hurricane Katrina and other devastating storms.

"We have every reason to be optimistic about our economic future," Bush said.

"When you think about the news that's come in, the jobs report, the recent report on strong economic growth, low inflation, strong productivity, lower gasoline prices, a strong housing market, increases in consumer confidence and business investment. Our economic horizon is as bright as its been in a long time," he added.