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Politics : Don't Blame Me, I Voted For Kerry

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To: Bill who wrote (1999)2/13/2004 1:52:49 PM
From: Lizzie TudorRead Replies (1) of 81568
 
Isn't Iowa a swing state, must-win for Bush?

Iowa Governor Calls Economy a 'Slow-Motion Crisis'

Here is my bottom line: This administration has pursued the most shortsighted, breathtakingly misguided economic policy of any in my lifetime. It has faced some difficult economic issues – and it simply failed to deal with them. It has walked away from the job of creating jobs. And all the while, it has mortgaged our future with an astonishingly reckless tax policy.

That is where President Bush has failed – not because we had tough times under his watch ... but because he has chosen policies that are so shortsighted, they took a challenging situation and made it a bad dire situation.

When George Bush took the oath of office, the economy was weakening – the inevitable result of a long boom. Still, he was dealt a strong hand. We were finishing the longest peacetime expansion ever – one that created 22 million new jobs. We had low unemployment. A high level of business investment. A boom that – whatever its excesses – was based on balanced budgets and on rising productivity and finally, after years, that led to rising wages.

americanprogress.org
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