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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (621)2/25/2004 12:31:45 PM
From: mishedlo  Read Replies (3) of 116555
 
Kerry Challenges Bush on Job Policies
a couple snips below
You might want to read the whole thing

story.news.yahoo.com
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Two weeks after the president's chief economic adviser called the shipping of American jobs abroad "just a new way of doing international trade," Kerry said Bush lavished special favors on corporations while workers lost their jobs, their pensions and their retirement savings.

"Here's what I'm going to tell our corporate leaders: We will give you all the help you need to create new jobs and strengthen our economy," Kerry said in the Toledo speech. "But if I'm president our government won't provide a single reward for shipping our jobs overseas, or exploiting the tax code to go to Bermuda to avoid paying taxes while sticking the American people with the bill."

Kerry said he will require companies that plan to outsource jobs overseas to inform the affected workers, the Labor Department (news - web sites), state agencies responsible for helping laid off employees and local government officials. The Labor Department would be required to compile statistics of jobs sent offshore and report them on an annual basis to Congress.

Bush spokesman Scott Stanzel criticized Kerry, saying "his plans for higher taxes, more regulation and more litigation would kill jobs in this country. John Kerry would put the brakes on our economic recovery."
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