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For Immediate Release: January 28, 2008

Contact: Cecelia Prewett
202-965-3500 x369
AAJ Press Room

 

Statement by AAJ CEO Jon Haber on 2008 State of the Union Address

(Washington, DC)—“Tonight President Bush will deliver his final State of the Union as he presides over a country that labors under a weak economy. It’s an economy of hard choices that forces Americans to work harder for less, depletes their savings just so they can pay for gas, and reduces their ability to afford mortgages as the housing market continues to tank.

In his 2005 State of the Union, the President claimed the economy was being held back by lawsuits. In fact, according to the U.S. Department of Justice, federal tort trials had decreased by 79 percent since 1985.[1] Another fact: this administration has done more to help Americans into debt,[2] lose their homes[3] and search for jobs than any other in recent memory.[4]

We look forward to a state of our union with more truth telling, a growing economy and a strong civil justice system that holds wrongdoers accountable.”

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As the world's largest trial bar, AAJ promotes justice and fairness for injured persons, defends the constitutional right to trial by jury, and strengthens the civil justice system through education and disclosure of information critical to public health and safety. Serving members worldwide, AAJ provides attorneys with the information and professional assistance they need to serve clients successfully and protect the democratic values of the civil justice system. Visit http://www.justice.org.



[1] “Federal Tort Trials and Verdicts, 2002-03,” Bureau of Justice Statistics, U.S. Department of Justice, 2005, http://www.ojp.usdoj.gov/bjs/pub/pdf/fttv03.pdf.

[2] Over the last five years consumer credit has increased by half a trillion dollars - Debt: G. 19 Consumer Credit Release, U.S. Federal Reserve Statistical Release, January 10, 2008, viewed at http://www.federalreserve.gov/releases/g19/Current/.

[3] 1 in 5 subprime mortgages made in 2005-2006 are expected to end in foreclosure. "A Snapshot of the Subprime Market," Center for Responsible Lending, November 27, 2007, viewed at http://www.responsiblelending.org/issues/mortgage/quick-references/a-snapshot-of-the-subprime.html.

[4] The number of unemployed has increased by over 1 million since 2000, and the rate of unemployment has increased from 3.9% (2000) to 5.0% (2007) - U.S. Department of Labor, Bureau of Labor Statistics, http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=LNU03000000&years_option=all_years&periods_option=specific_periods&periods=Annual+Data..



 

 

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