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Politics : PRESIDENT GEORGE W. BUSH

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To: Krowbar who wrote (286490)8/13/2002 10:31:56 PM
From: Mr. Whist  Read Replies (1) of 769670
 
WSJ comes down hard on Bush economic forum:

-- "The president's remarks culminated a four-hour policy forum that featured handpicked participants who largely served to echo Mr. Bush's agenda."

-- "The meticulously planned event seemed designed to spare Mr. Bush any kind of discussion of difficult issues."

Headline: Bush Pitches 12-Point Plan At Waco Economic Forum

By JEANNE CUMMINGS
Staff Reporter of THE WALL STREET JOURNAL

WACO, Texas -- President Bush used a heavily stage-managed economic-policy forum to offer his most comprehensive and forceful pitch for his economic-recovery plan.

"Our economy has strengths that are greater than the challenges. Yet the only purpose of a strong foundation is to build on it," Mr. Bush said. "We're pleased with some progress, but we've got more to do."

He then ticked off a 12-point plan to jump-start the economy that didn't include new policies, but for the first time brought all his recent economic initiatives together in a coherent and sellable package. It is a plan he hopes to use on the campaign trail -- beginning Wednesday in Wisconsin and Iowa -- to reverse a recent show of softening public confidence in his leadership on economic issues.

Tuesday's announcement of layoffs by AMR Corp.'s American Airlines, Fort Worth, Texas, underscored the fragile nature of the recovery and the president's decision to use every tool in the White House kit -- including seven cabinet secretaries -- and elaborate sets to try to get a leg up in the political debate.

Among Mr. Bush's proposals was a call for congressional passage of federal terrorism insurance to help the construction and airline industries, energy policies to reduce dependence on foreign sources, repeal of the estate tax and greater investment in the development of broadband-communications technology.

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