Bush New Year's message bullish on economy

CRAWFORD, Texas, Dec. 31 (UPI) -- U.S. President George Bush wished the United States a Happy New Year Monday, reassuring Americans that the U.S. economy remained vibrant heading into 2008.

The message released at the Bush ranch in Crawford, Texas, also expressed thanks to the U.S. military for its part on the ongoing campaign against terrorism.

"In 2008, we will continue to stand beside our partners in the international community to lay a foundation of peace for our children and grandchildren," Bush said.

The president said the U.S. economy had strong underpinnings and that his administration would continue to encourage economic growth "so Americans have more money to invest in their businesses, spend on their families and put aside for the future."