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Bush Praises Furniture Mart In Economic Speech

President Outlined Economy Plan

POSTED: 3:21 pm CDT September 4, 2003
UPDATED: 3:31 pm CDT September 4, 2003

President George W. Bush hailed the family that runs the Nebraska Furniture Mart during a speech in Kansas City, Mo. Thursday. Bush was promoting his six-point plan to rejuvenate the American economy.

The following is an excerpt from the speech:

"I was told of a story of the Nebraska Furniture Mart. It's an interesting American story. It's a story of a family that started this company in Omaha, Nebraska, and they wanted to build a store right here in Kansas City, Kansas. It wasn't the best time to open up a store, but the people running the company thought it was a good risk, a good market. They planned on bringing -- or hiring 550 new workers for their new store, because the tax relief we passed put more money in people's pockets, and the demand for the goods they sold in that store was greater than they expected. So Furniture Mart hired 1,000 people instead of 550.

Robert Batt and his family, they run the company. He said this; he said, 'We just believe in America and we do what we excel at, selling furniture. The customers are out there. We've never had a layoff in 67 years.' Not only have they not had a layoff in 67 years, they had enough confidence and the policies of the administration were working such that they were able to provide work for 1,000 of our fellow citizens." Nebraska Furniture Mart

The president went on to lay out his plan, which includes making healthcare more affordable, completing a comprehensive national energy policy and reducing the regulatory burden from businesses.

The Furniture Mart opened a store in Kansas City, Kan. last month.

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