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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: yard_man who wrote (3808)	4/7/2004 12:13:39 PM
From: mishedlo	Read Replies (1) of 116555

Commerce's Evans: Kerry's econ comments a 'disservice' By William L. Watts WASHINGTON (CBS.MW) -- Commerce Secretary Don Evans defended President Bush's economic record Wednesday and accused Sen. John Kerry, D-Mass., of doing voters a "disservice" by "trying to convince them that we are returning to one of the most painful periods in American history." Kerry, the Democratic presidential challenger, and other Democrats have regularly pointed out that Bush is set to become the first president to record a net loss of jobs over an entire term since Herbert Hoover during the Great Depression of the 1930s. Evans, in a speech at the National Federation of Independent Business, said sustained economic growth, low inflation and signs of improving jobs growth made for a strong economic picture. Kerry is slated later Wednesday to deliver a major campaign speech outlining his budget priorities.

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