From falling wages and increasing health care costs, to sky-high gas prices and climbing poverty rates, the Bush economy is failing America's working families. The only thing worse than this Bush economy is the last Bush economy.

Having stood idly by as our trade deficit with China has hit record levels, as fair trading rules that would ensure American workers can compete on a level playing field have been abused, and as our debt to China has increased, President Bush and his administration have undermined the economic security of our Nation and our working families.

As the saying goes, you can put lipstick on a pig, but it's still a pig. Unfortunately for the American people all President Bush did today was make it clear that they should expect nothing more than the same failed policies they have come to know all too well.

The truth of the matter is that Bush policies hurt African-Americans.